Cost Of Living

Definition of "Cost of living"

Cost to buy goods and services encompassed in an accepted standard level of consumption.

Search Real Estate Glossary

Related Real Estate Glossary terms

Failure Mode And Effect Analysis

Analytical procedure to predict the failure rate of a system still in the design stage. ...

Dimensional Shingles

Standard precut lumber sizes for lumber industry needs. The typical sizes are 2 to 5 inches thick by ...

Investment In Junk Bonds Ratio

Ratio of the company's investment in noninvestment grade bonds dividend to its adjusted surplus. Thi ...

Declaration

Legal record used to create a condominium. It encompasses the description of the property, common e ...

Stated Income

A documentation rule where the borrower discloses income and its source but the lender does not ver ...

Attorney Of Record

Attorney whose name officially appears in permanent records of a case or an appeal thereto, or on th ...

Related Real Estate FAQ

What Is A Housing Ratio?

A housing ratio is the percentage of your housing payment (principal, interest, taxes, and insurance ...

What Does Travel Insurance Typically Cover?

Loss of luggage Loss of travel documents Cancellation and lost deposit expenses Medical expens ...

What Are The Benefits Of Liability Insurance?

General Liability Coverage includes: Bodily Injury Liability Coverage: Help protect you in case ...

What Should I Do If I'm In An Accident?

1.- Stay Calm. Determine the injuries and or damage. 2.- Call the police. File an accident report ...

What Is Equity?

Equity is the financial interest or cash value of your home, minus the current loan balance(s). If s ...

What Is A Mortgage Broker?

A mortgage broker is an intermediary who ensures a loan between a borrower and lender. The broker ta ...

Read why Real Estate Agent rates 5 Stars in 10 Agent Reviews

Agents join here

Add our widget on your Website

Real Estate Advice

How To Choose A Realtor 5 U.S. Cities with the Best Public Transportation 10 Tips for Homebuyers What is Escrow and how does it Work? Is it better to buy or sell a home first

FAQ

What are the benefits of Commercial Auto Insurance? What is depreciation? What is a conventional mortgage? What is a commitment letter? How Much Can I Afford ?