(1) An arrangement to buy real estate at a specified price and conditions. The failure to honor the commitment may result in damages. (2) Bank commitment to lend money in connection with the purchase of real estate.
Under current tax law, real estate is depreciated under either the straight-line method or modified accelerated cost recovery system (MACRS) method. See also MACRS. ...
Urbanized area in and around a major city. The metropolitan area may overlap county and state boundaries and may encompass a city, its suburbs, and the orbit of its social and economic ...
Section of the Internal Revenue Code that addresses tax-free exchanges of certain property. The general provisions for a tax-free exchange of real estate are that the properties must be ...
Bank financing to a homeowner based on his dollar equity in the home. The interest rate typically fluctuates such as being based on the change in the prime interest rate. Interest expense ...
In commerce and business, margin as a general term is defined as by the difference between the amount of money spent on a product and the selling price of it. The margin usually appears as ...
The CDD Fees in The Villages, FL vary on the district that you wind up living in. But first … what do the CDD Fees cover and what do they mean. The acronym CDD stands for ...
If you're in the process of moving, there's a good chance that you've already researched a laundry list of questions. You might have searched up the average price of a home in a prospective ...
Wondering what is the cash offer definition?
Well, the cash offer definition is pretty much what it says, an offer made in cash.
But aren’t all offers cash? No one buys a house ...
If you find yourself driving down I-95 from Orlando, you will reach the city of Melbourne, FL in a little over an hour. Located by the Indian River which is parallel to the Atlantic Ocean, ...
When searching for a new place to live, there are few things that are likely to concern someone more than safety. How many crimes are committed yearly, per capita? What demographics are ...
While we do refer to it as we usually refer to cities, Arlington, Virginia, is not a city. There are many who think it should as it feels, acts and looks like one, but still, Arlington is a ...
Land O’Lakes is a census-designated place located in Pasco County, Florida, and it is part of the Tampa Bay area. This region includes the three major cities of Tampa, St. Petersburg, ...
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