Builder Breakdown Method

To depreciate is to lose value for something. Depreciation is the act of losing worth.Connecting with real estate, Property depreciation can be both an accounting method typically used to ...

Money set aside for a possible loss, such as from a fire. ...

Person who will become the beneficiary if the original beneficiary dies before the insured. It is the policyholder's second election as beneficiary, dependent on the status of the primary ...

Persons considered legally capable of entering into a binding contract. ...

Expiration of a lease or insurance policy by mutual consent of the parties, also to give up. ...

Person's title to real estate giving him exclusive power and rights owner it. ...

Originally strips of wood approximately 1 to 1 1/2 inch wide, 1/4 to 3/8 inch thick by approximately 4 ft. long which were nailed across the wall studs for the purpose of supporting ...

Someone acts in an extraordinary way because of fear, excessive influence, or other reason. The person is being forced to do something against his will. The injured person can use this ...

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. ...

A type of financing in which a developer or seller arranges for the buyer to get a loan at a rate below the current market rate. The developer or seller pays interest costs in order to ...

A qualifying ratio is the percentages a lender compares to see whether you qualify for a loan. ...

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 ...

What is a vlog? A video blog (shortened vlog) is a type of blog in which the message is spoken, not written, and the medium is video. It is a form of web television made popular by ...

A borrowers other debts, such as auto loans and credit cards, figured into the debt-to-income ratio. ...

Not only can homeowners associations impose pet restrictions but almost 100% of them do. Here’s the thing: the job of a homeowners associations or HOA is to look at the big ...

An index is an economic indicator used to set the rate for adjustable-rate mortgages. ...