Common Area

Limited period of time granted by state law to an individual who has had his or her property foreclosed on and sold to regain possession of the property by repaying the debt that was ...

A delay in making a principal payment on a mortgage that a bank allows a debtor for current financial difficulties. The extension of a loan at maturity at the 'going' market interest ...

Outside of a structure covering a lower quality or cheaper surface to make the structure look better. Examples of veneer exteriors are bricks covering concrete, or a thin surface layer of ...

Each payment made by the borrower is equal each period, usually monthly. Each payment is comprised of principal and interest. Interest is based on the beginning balance. The cash paid less ...

Emotional value of property to the particular person. An example is an owner of a house who is attached to it because his deceased parents lived there. ...

Increase in the value of property arising from holding it. The gain is realized only when the property is sold at which time it is taxable. An example is the increase in the appraised value ...

Stairs or porch by the front door of the house. ...

Thin layer or slate of baked clay, linoleum, or some other material that is used for covering floors, roofs, or as an ornament in a building. ...

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 ...

Located in the southeastern part of Mecklenburg County, North Carolina is the town of Matthews, an uprising suburb of Charlotte. With a population of about 32,000 people and stretching for ...

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 ...

The definition of a commitment letter or letter of commitment in real estate is a letter whose purpose is to inform a loan applicant that their application has been processed and their ...

From the beginning, basements were not built to provide living space but a place to hide plumbing, wires and water boilers. Home buyers are always interested in the gross living area of a ...

If you’re planning a trip to the city of Houston TX, there’s a good chance you’ll be wondering exactly what there is to do in this city. Whether you’re just in ...

Houston, Texas is a big city with a population of over 2 million and this metropolis provides housing and entertainment for anybody, no matter who you are and whats your social status, ...

The real estate market in Florida has been for quite some time one of the hottest markets in the country. Being an international touristic destination with a good year-round climate makes ...