Expenditures incurred to initially purchase property, including incidental costs necessary to put the property into existing use and location. This cost is then depreciated over the assets life.
Individual who will receive an inheritance upon the death of another. The proceeds of an insurance policy may be in a lump sum annuity. Real estate also passes to the beneficiary. ...
Innovative architectural designs for either single or multi level homes and other buildings incorporating innovative features, such as passive solar heating. Contemporary building plans ...
The loss of an access right to a parcel of property through another property owner's property. This could materially affect the value of the property denied access. ...
Lien which is over and above a first lien. A second lien is subordinate to the first
lien and can be satisfied only after the initial lien is satisfied. ...
Same as term furring strip: Insulating material attached to crevices around doors and windows to prevent air from either entering or escaping from a structure. Tacked, stapled, or glued ...
A fully amortized mortgage necessitating periodic payments of both interest and principal. In the early years of the loan, the share of principal is smaller and the interest larger, a ...
The portion of a structure providing the primary ground support. Foundations have a foundation wall forming a permanent below grade retaining wall. All modern foundations rely on concrete ...
Located on the Eastern coast of Florida’s northern half, the city of Palm Coast, FL can pride itself with amazing beaches, great weather, amazing outdoor activities and a fair ...
A rate lock is a commitment issued by a lender to a homebuyer or to the mortgage broker guaranteeing a specific interest rate for a specified amount of time. ...
Unlike, other cities throughout the US, Newton MA, is not your typical city with a single city center but rather 13 villages each having its own charm. This might raise a couple of ...
If you’re looking for a safe place to live where you can also enjoy the white sandy beaches of the Gulf of Mexico, then Bonita Springs, FL might just deserve a closer look. This small ...
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 ...
The real estate market in Nashville is harsh. Investors and wannabe homeowners fight over the low inventory. Investors want to get passive income by renting the property, while others ...
South Florida is one of the most beautiful and sought after places in the state and even in the world. Everyone has heard of Miami, and not many have the once in a lifetime opportunity to ...
If you are concerned about finding a good place to live in North Carolina, we might have what you are looking for. Many cities have a promising job and housing market, but none of them are ...
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