Community Association Institute (CAI)

Appraisal method that examines current and future economic conditions in a particular location to help in deriving property values ...

Also called financial leverage. The use of borrower funds to magnify return. Trading profitably on the equity, also called favorable financial leverage, means that the borrowed funds ...

lender who charges an exorbitant interest rate, which is typically illegal because it exceeds the interest rate allowed in the state. A borrower may go to a loan shark if he cannot obtain ...

Mixed assortment of either housing styles in a residential development or mixed zoning uses in an urban development plan. For example, heterogeneous nondevelopment residential are has many ...

Steps taken to remove someone from the real property who does not have a contractual basis to be there. An example is the landlord removing homeless people who have moved into a vacant ...

Real estate term describing a buyer who is prepared to comply with terms and conditions of a purchase contract and has the financial ability to complete the transaction. In a property ...

A loan indemnified against default by the borrower. Such loans may be a mortgage loan insured by a standard mortgage insurance policy or by FHA mortgage insurance. In the event of the death ...

An agreement among those involved in a contract. There is an offer and acceptance, and the property has an evaluation. A financial consideration must also exist. ...

For those who are trying to figure out what exactly is Chesterfield, VA we are going to come up with an explanation to clear the air. It might be complicated to differentiate but we will do ...

Life in big cities can sometimes be fun and entertaining and sometimes it can be a bit challenging and stressful. The city of Dallas has a population of 1.3 million people and has seen a ...

Well … in order to answer this question, one must simply look at the city’s top ranking lists available online to help make that determination. The simplest answer is yes. ...

The spirit of friendship and hospitality are some of the aspects that characterize the residents of Fort Mill, South Carolina. This small town holds a population of about 17,000 people that ...

Orlando, Florida is a city of about 300,000 people located in the heart of Florida. Part of the Orlando metropolitan area the city of Orlando is one of the most important cities in the ...

Located in Mecklenburg County, North Carolina, Matthews is a well-known suburb of Charlotte that stands out for its family-friendly community and its small-town feel. You can be sure that ...

There’s really no easy and quick answer to “how much money can I borrow to buy a home?” It will all depend on the overall financial health of the area in question, the ...

Wondering what is the difference between a condominium and an apartment? Well, differently from the difference between an apartment and a flat, this one is not so much related to word ...