Collateralized Mortgage Obligation (CMO)

(1) foreclosed real estate or subject property in a bankrupt estate. (2) Income property which is making inadequate returns and has a negative capitalization rate. ...

Three basic methods for setting values on property: (1) The cost approach estimates the replacement value of real property. (2) The comparable sales approach compares properties with other ...

Tile placed on a wall as decoration, such as in a bathroom or kitchen. ...

The altering of a rented or leased premises by a landlord rendering it unsuitable for habitation in order to effectuate the tenant's vacating. Constructive eviction occurs when the tenant ...

Thin wood that is shaped in a wedge and laid together in rows. An example is a roof on a house. ...

Compared to; relative to; against. ...

Also called accounting or unadjusted rate of return. The return computed by dividing the anticipated future annual net income by the required investment in real estate. Sometimes the ...

Legal term of the writ authorizing the taking of property or rights because of legal action. Its purpose is to protect the property to satisfy a judgment in favor of the plaintiff. ...

When you take a look at the small city of Pasadena, MD you will see a very tight-knit community. With a population of around 31,000 residents, this census-designated town confuses the radar ...

For the second-largest city in Arizona, Tucson in ways feels like the arty and quirky younger sibling of Phoenix. Located in Pima County which also governs, Tucson, also known as the Old ...

Before moving to a new city, there are a number of questions that any responsible adult will ask before they even think about putting pen to paper and finalizing their decision. Things like ...

As the city that has been voted time and time again as the best city in the US, Charleston, SC also has to pass the safety test for any new possible residents. That is, of course, one of ...

When we hear about Florida we think of beautiful beaches, good year-round weather, amusement parks, and top restaurants. Florida’s vibrant scene and diverse culture captivates many ...

Naples, Florida is a city that holds a population of about 22,000 people and it is one of the wealthiest coastline cities in the country. The beautiful sugar-white sand that covers the ...

The right of a property owner to have and enjoy all of the advantages of property ownership including airspace rights, mineral rights, riparian rights, and rights to alluvion, as well as ...

Are you wondering how to speed things up with your mortgage payment? Thinking how to build equity to your home”? Well, by paying off your mortgage. The more you do, the more ...