Component Depreciation

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. ...

Have you ever experienced living in a coastal village? A place where the river estuary carries you through a variety of fauna and flora, leading to the heart of the town where distinct ...

Across the world, we can see patterns that don’t correspond with what is applied in the US, so there is no universal way to define a town or a city. The population is just one of the ...

Falling behind on your payments is a significant issue for many homeowners. Not every unpaid bill leads to foreclosure, especially if there is no lien on your house. If you have a mortgage ...

When you hear someone referring to a real estate agent type as a “general agent”, it might seem that someone is calling that agent “basic”, common. Right? But the ...

The county seat of Sarasota County is the city of Sarasota FL and it is located in Southwest Florida. Sarasota FL is considered by many to be a great place to live and there are a number of ...

For a city located just 20 minutes away from Savannah,GA, the city of Pooler, GA is significantly attractive for all those that want to live close enough to the big city while enjoying 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 ...

Known for its outstanding art and culinary scene, the city of Bentonville AR is the birthplace of the world’s largest retailer, and it stands out as one of the greatest cities of ...