Breach

Molding forming the top part of a door or window. Any wood or plaster molding on an inside wall just below the ceiling. It is ornamental in purpose giving the wall a finished ...

Losses incurred by a landlord because apartments or office are unoccupied and/or tenants fail to pay the rent due. ...

Evaluation of the reasons for the difference between the expected selling price of property and its appraisal value. Perhaps the discrepancy is due to a poor appraisal, emergency nature of ...

Appraisal approach where property values are estimated by comparing current comparable sales. See also market approach. ...

Being behind in a payment on a tax or debt when due (on the due date of payment or before the grace period). ...

Provision in a mortgage permitting the owner of property to transfer the mortgage to a buyer. ...

Degree of completion or accomplishment such as a home that is 70% completed. Condition of real property. Position of an item. Legal standing such as of a case. ...

(1) Type of loan where the final payment is substantially greater than the previous payments; also termed partially amortized loan. A debt agreement might stipulate a balloon payment when ...

If you’re looking into how to get a job in real estate and arrived at this page: congratulations; you’ve just made a big step toward your first real estate job! Not only ...

Here you are asking us: “Do I have a lien on my home?” We don’t know. Do you? Here are some of the reasons why one would have a lien on their home: Defaulting. ...

When you are prequalified, the lender gives you an estimate but does not formally commit to giving you a loan. ...

A lifetime rate cap is an adjustable-rate mortgage (ARM), this cap limits the amount the interest rate can increase or decrease over the life of a loan. ...

Not only can one convert a warehouse into a home, but many people have been doing just that. Converting a warehouse into a loft living space is actually kind of a trend which started ...

Developed by a successful management consultant in the ‘60s named Albert S. Humphery, the SWOT analysis is still in use today at management level. It starts with a goal in mind, a ...

Paid advertorials are articles written by public relations professionals that have just one goal in mind - to get you to buy a home. I\'m sure you\'ve seen them all over Newspaper Ads, ...

A gift letter is when an individual gives you money for a down payment as a gift, that person must write you a gift letter so that it can be included in your loan documentation. ...