Legal proceeding to exercise a right in a disagreement between private individuals or businesses. One party seeks a remedy against the other. It does not involve a criminal situation.
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 ...
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. ...
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’re thinking of moving to Estero FL, we don’t blame you. We’ve all been there! As a classy beach town with a long list of practical attributes that make it an ...
When you’re choosing a place to live such as the city of Venice FL, there are a number of important questions you, as a responsible home buyer, will need to know. You’ll ...
Yes and no.The yes part of the answer is pretty standard; we’ve been covering it in the many many articles we put out on our real estate advice and tips page exposing the ...
Wondering how to calculate the fair market value of a property?
It helps if you understand that it’s all about an estimate; you’ll hardly bull’s-eye-it.
Fair market ...
Tempted to become a real estate agent in Nashville? Then, you must be concerned about the financial side of the business. Although it’s fairly easy to enter the profession, and the ...
Melbourne is a city located in Brevard County, Florida and it is also known to be the second-largest municipality in the county. Having a population of about 80,000 people with a median age ...
When you’re moving to a new city, it’s nice to know just what that city is known for. Every city has its claim to fame, after all. If the city you’re thinking of moving to ...
There are a lot of things you might want to know about a place before you decide to make Ashburn Virginia your new home. You’ll want to know what the housing market is like, so you ...
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