Coinsurance Clause

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 were ever involved in a real estate transaction, you probably had to work with a real estate agent in one way or another. It is possible to work on your own and not involve any real ...

For those who plan on moving to a new town, researching ahead of time is an important part of the decision making process. If you’re planning on moving to Knoxville, you’ve no ...

The city of Clermont is just west of Orlando, Florida, which is probably one of the biggest entertainment grounds in the world. But, we are not here to talk about Orlando. We want to ...

With its location only 30 minutes away from Wilmington, North Carolina, the small community of Hampstead, NC, is one of the best places to live in North Carolina. But before you start ...

Being densely populated, one might expect a certain level of insecurity especially when it comes to crimes in Arlington, however, it is one of the safest places one could live in. It might ...

If you are on the brink of making a home purchase, you probably wonder what you should buy? Nowadays, the real estate market offers various home types, from single-family and townhomes to ...

So, the time has finally come. You’ve put in decades of hard work, gathering wealth for the autumn of your life, and now it’s time to enjoy that money and stability. Time to ...

Located within the Research Triangle, the town of Cary NC is regarded as one of the best small cities in North Carolina. Thanks to its strong economy, thriving job market, top education, ...