Chapter 11

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 lenders refuse to make loans in certain ...

Commitment by a lender to a borrower for a given amount of money at specified terms for the financing of a project. The borrower pays a fee for the privilege of either executing the loan or ...

Recognizes profit on a long-term construction contract as it is earned gradually during the construction period. This approach is preferred over the completed contract method because it ...

Drain facility usually underground for waste and water disposal consisting on connected pipes. ...

Bond collaterized by real assets. Two kinds of mortgage bond are senior mortgages and junior mortgages. A mortgage bond may have a closed-end provision that prevents the firm from issuing ...

Designation given to members of the American Society of Real Estate Counselors (ASREC). A prerequisite for membership is professional experience and ethical conduct. ...

Lease payments based on factors other than the passage of time. ...

Warranties issued by contractors, sellers, and real estate agencies that protect home buyers from specified defects in a house as per the contract. ...

If you live in the United States and you regularly use the internet, there’s a good chance that you’ve sent data through the data hub in Ashburn VA. It is estimated that over ...

Located in southwest Florida, the city of Bonita Springs is one of the many coastal towns that cover the long stretch of sand in that part of the Sunshine state. Known for its pristine ...

You’ve searched all through the internet regarding how to close a real estate deal without an agent and now you’ve arrived here and we hope that you finally have the answer you ...

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 ...

Any structure that was ever built on land had to first be evaluated by a land surveyor through a survey. If you are wondering, what is surveying, then you should know that surveying is a ...

In 2020, our financial lives revolve around our credit scores. Want to buy a car? Better have good credit! Want to lease a house? Good credit is a must. Applying for a new credit card? ...

As one of the most beautiful cities in America, the city of Savannah, GA attracts travelers from all over the country every year. The amazing architectural style combined with the very ...

Ever since prehistoric times, surveying has been one of the most important acts conducted prior to the construction of any type of structure. If ever wondered what are the steps you need to ...