Buying Power Index (BPI)

Bottom frame of wood supporting a window. It should be strong in order to support something put in the window such as an air conditioner. ...

Number of housing units of a particular category that are available. ...

The definition of acquisition cost in real estate is the total cost recorded by a company or individual pertinent to the purchasing of a property. This is the entire amount written down in ...

The two terms used to describe professionals in the real estate industry are “realtor” and “real estate agent”. These two terms are used interchangeably or as ...

Rights to the use of open air space over property. ...

A clause inserted in a mortgage agreement requiring a future buyer of the subject property to obtain the consent of the lending institution prior to assuming the mortgage. In this ...

Bond whose interest is free of federal, state, or local tax in the state of the issuer. It is typically a municipal bond of estate or county agency. For example, a New York City resident ...

Trade name by the American Cyanamid Corporation for a plastic laminate surfacing material widely used on furniture, counter tops and wall coverings. Formica is hard, durable, and resistant ...

Florida is for many people one of the most desired places for a vacation and for good reasons. The state of Florida holds attractions that are unique in the country. The climate makes for ...

In the middle of South Carolina’s ocean shore is where you’ll find the city of Charleston. With a population of over 138,000 friendly residents, this city has been voted over ...

From the beginning, basements were not built to provide living space but a place to hide plumbing, wires and water boilers. Home buyers are always interested in the gross living area of a ...

If you’re looking for a big bustling city sprinkled with crime and wrangles on the streets then you should look elsewhere for you won’t find any of that in the city of Bonita ...

Matthews is a lovely small town located in southeastern Mecklenburg County, North Carolina. If you are a local in this tight-knit community of Charlotte, you will most likely enjoy spending ...

The definition of a commitment letter or letter of commitment in real estate is a letter whose purpose is to inform a loan applicant that their application has been processed and their ...

Located in Pinellas County on Florida’s Gulf Coast, the city of St. Petersburg is also known as The Sunshine City and it can be a great place to live. This isn’t only because of ...

An overall debt ratio is the percentage of your overall debt (housing payments plus any other long-term debt) to your monthly gross income. Lenders use this ratio-sometimes called the ...