Central City


Definition of "Central city"

Major city in a metropolitan area.

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Popular Real Estate Terms

Dispersing Force

Those factors causing the movement of people, industry, and business from the central city to the outside central city areas, suburbs, and/or small ci ...

Community Reinvestment Act

An Act, passed by congress in order to prevent the practice of redlining and disinvestments in central city areas. Redlining is a practice in which le ...

Mortgage Pool

A collection of packaged residential mortgage loans for sale in the secondary mortgage market to investors. Companies with mortgage pools expect to ea ...

After-tax Rate Of Return

Rate of return after income taxes that a real estate investor can keep out of current income and capital gains or losses on the property. ...

Square Foot Cost

Cost of the standard unit of area that is used to measure a parcel of real estate. Commercial property rentals are generally quoted on the basis of sq ...

Cease And Disist Order

Judicial order prohibiting a person or business from doing something. The court may issue this dictate when unlawful conduct or activity is occurring. ...

Popular Real Estate FAQ

What Is Depreciation?

Depreciation is a decline in the value of property due to general wear and tear, or is also known as an annual allowance that helps you recover on you ...

What Are Discount Points?

Discount points are a type of point paid by the borrower to reduce the interest rate. ...

I Dont Know The Zip Code Of My Areas. How Do I Find An Agent That Is Right For Me In My Area.

Please refer to our directory, where you will be able to browse using Counties and/or Cities. ...

What Is A Multiple Listing Service (MLS)?

A multiple listing service is a computerized listing of the homes for sale in an area listed with a realtor. Agents are granted access to the MLS and ...

What Is A Subdivision?

A subdivision is a piece of land divided into several plots in which homes are built. ...

What Is Title Insurance?

Title insurance is insurance that protects the lender and buyer against any losses incurred from disputes over the title of a property. ...

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