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Same as term junior mortgage: Mortgage placed on a property after a previous mortgage. It can be a second, third, etc. mortgage. A junior mortgage is subordinate to the terms of a previous ...

Fees that all tenants or owners must pay for the cost of maintaining common areas. ...

A person who dies without a will and having unknown intentions regarding his estate. In such case, a court administrator is typically appointed to act as an executor in distributing any ...

An estate which descends to heirs in perpetuum. In an estate of inheritance, the current tenant not only has the right to enjoy the property for life, buy his or her tenancy rights pass to ...

Availability of houses in an area. ...

In conducting a real estate transaction, each party is presumed honest and fair with no deceit. The intentions are honorable and realistic. If deception occurs without prior knowledge, the ...

Structure or part thereof, such as a building, that obstructs or overlaps another property. Infringement on the property or rights of another individual or business. ...

Geographic location where a vacant or occupied structure exists. It usually means the land reserved is for a future building. ...

All the REALTORS® in Scottsdale are aware of the hot real estate market they are working in. With a median house price of $478,200, anything that comes on the market below this price ...

A negative amortization is a type of loan situation that occurs when the monthly payments do not cover the principal or interest. Instead of declining, the balance of the loan actually ...

Located on the Eastern side of the Potomac River, just south of Washington DC’s downtown district is Fort Washington, an unincorporated area in Prince George’s County. Living in ...

It’s not hard to figure out why a property has a high market value, especially if you have the qualities of a real estate investor. But what happens to the properties that sell for ...

South Florida is one of the most beautiful and sought after places in the state and even in the world. Everyone has heard of Miami, and not many have the once in a lifetime opportunity to ...

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 cost of living typically includes estimates for housing, food energy, healthcare, transportation, and other necessities. It helps individuals to decide where they want to live and, more ...

Alexandria ranks as one of the most desirable places to live and there are a few aspects that persuade people to move here. The scenic Potomac River and the historic Old Town Alexandria are ...