An approximation of the possible appreciation of value in real estate. One would consider several factors in evaluating the upside potential in the va ...
Also called earnest money. Money deposited with an individual for security for the performance so some contract. This is intended to show his/her will ...
A loan used for acquiring land. Loans used to purchase unimproved land have more risk than a mortgage to purchase improved property, thus, land loans ...
Roof having four triangular sides forming a point at the top of a pyramid. A pyramid roof is primarily used for steeples on top of churches or certain ...
Judicially determined minimum selling price for auctioned property. For example, a judge rules that a foreclosed home may be sold for less than $200,0 ...
Comprehensive is the most expensive type of homeowners insurance; it covers the most potential damages such as fire damage, water damage not caused by ...
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