Bulkhead

Wood strip (molding) at the bottom of a baseboard. ...

Board behind steps or stair going upward. ...

Place where real estate is situated. The geographic location of property affects its value. For example, real estate in a good neighborhood is worth more. ...

Unrealized gain in value of real property from holding it. The increase value is not recognized in the accounts. When the property is sold there will be a realized gain or loss. ...

Charges incurred in making a sale of real estate such as real estate commissions and attorney fees. ...

Legal competence of parties to be held responsible for the terms of a contract or to be brought into the courts. Those who are under the legal age, are mentally incompetent, or under the ...

See accommodation endorser, maker, or party. ...

Right of a party, the assignor, to allocate the benefits of certain insurance policies to a third party, the assignee. Insurance on real estate may assign the policy to protect the property ...

A seller takeback is a type of financing in which the seller arranges for the financing on a property. ...

People finance to obtain a new loan in order to pay off the existing mortgage or to gain access to the existing equity in the home. ...

Are you wondering how to speed things up with your mortgage payment? Thinking how to build equity to your home”? Well, by paying off your mortgage. The more you do, the more ...

You know what is the truest answer to “who can put a lien on your house”? Yourself. We’re not trying to be smart here; it’s the truth. Failing to pay up a ...

A very common real estate question is:Do Tiny Houses depreciate?Short answer is: yes, tiny houses do depreciate. But let’s explain the “why”s so we get to the bottom of ...

A proration is the division of certain fees. If the sellers have paid the taxes six months in advance, for example, they may want a portion of that payment back for the months you are ...

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 ...

A front-end ratio is a ratio of the borrowers monthly housing expenses-including principal, interest, property taxes, and insurance (OITI)-compared to the borrowers gross, pretax monthly ...