A property measurement of the front footage of a parcel of property adjoining the street. In urban areas, the front foot measurement is an extremely important indicator of property value ...
Financing technique aimed at those people who only plan to live in a house for a short time. Under this mortgage, a lower interest rate and, thus, a lower monthly mortgage payment are ...
Received immediately when an investment is made or contract signed. For example, a real estate limited partnership may require that an investor pay a 3% sale fee at the time of initial ...
Provision in a lease agreement allowing the landlord to raise the rental to take into
account inflation, higher upkeep costs, and higher interest rates. An index may be used such as the ...
Conceived in 1944, the VA loan program is one of the oldest facilities offered to veterans and service members. This type of loan is guaranteed by the United States Department of Veterans ...
Are you confused because you can never tell what is the difference between an apartment and a flat?
Don’t feel bad about it. Everyone has this doubt. And, to be honest, ...
A negative amortization is a type of loan situation that occurs when the monthly payments do not cover the principal or interest. Instead of declining, the balance of the loan actually ...
A penalty fee charged for paying off a mortgage early, thus allowing banks to still make money off of the loan in the event that you inherit a small fortune. Most loans these days do not ...
If you truly want to purchase that property, the only ethical thing to do is to purchase it through that REALTOR. Otherwise, you could set up potential conflicts between your previous ...
The cost of homeownership in the US is often the main concern of first time home buyers. Is it better to own a property or to rent? Is it better to postpone the purchase of a home or the ...
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