Beneficial Use

An Act, passed by congress in order to prevent the practice of redlining and disinvestments in central city areas. Redlining is a practice in which lenders refuse to make loans in certain ...

Commitment by a lender to a borrower for a given amount of money at specified terms for the financing of a project. The borrower pays a fee for the privilege of either executing the loan or ...

Recognizes profit on a long-term construction contract as it is earned gradually during the construction period. This approach is preferred over the completed contract method because it ...

Drain facility usually underground for waste and water disposal consisting on connected pipes. ...

Bond collaterized by real assets. Two kinds of mortgage bond are senior mortgages and junior mortgages. A mortgage bond may have a closed-end provision that prevents the firm from issuing ...

Designation given to members of the American Society of Real Estate Counselors (ASREC). A prerequisite for membership is professional experience and ethical conduct. ...

Lease payments based on factors other than the passage of time. ...

Warranties issued by contractors, sellers, and real estate agencies that protect home buyers from specified defects in a house as per the contract. ...

The barrier island of Lowcountry in South Carolina holds plenty of cultural, historical, and recreational attractions for you to explore. If you plan to venture yourself into the heart of ...

The first time you set foot in Lakewood Ranch FL you are just amazed at how gorgeous this town is since the master-planned residential development that took place in 1994. This project ...

Cary NC is a town located in The Research Triangle Park of North Carolina. Because it is one of the fastest-growing municipalities in the US, many people are interested in finding out why ...

For those who plan on moving to a new town, researching ahead of time is an important part of the decision making process. If you’re planning on moving to Knoxville, you’ve no ...

When you hear someone referring to a real estate agent type as a “general agent”, it might seem that someone is calling that agent “basic”, common. Right? But the ...

When you think of the city of Miami, what is the first thing that comes to mind? You are probably thinking of their world-class beaches, great year-round weather, and awesome coastal vibes. ...

If you’re thinking of moving to Scottsdale, you probably have a lot of questions; what is there to do in Scottsdale? Is Scottsdale safe? What type of people live in Scottsdale? While ...

A treasury index is an index used to determine interest-rate changes for certain adjustable-rate mortgages (ARMs). This index is based on the results of auctions the U.S. Treasury holds for ...