Credit Limit

Agreement in which the promises of the parties are revealed in words, either orally or in writing. ...

Restriction on conveying property that limits its transferability. The restrictions may be illegal. ...

Mortgage in which the interest rate charged by the lender can vary according to some reference index not controlled by the lender, such as the interest rate on 1-year U.S. T-bills or the ...

Provision permitting a lender to charge the borrower a penalty for repaying a loan before its due date. ...

Approach to determining a capitalization rate for use in valuating property so as to arrive at a suitable purchase price. To the risk free interest rate is added a risk premium to cover the ...

Existing state of affairs with respect to the real estate market and conditions. ...

A capitalization method which divides a properties first year net operating income by an estimated general capitalization rate to develop a total property estimate. ...

Accounting method in which revenue is recognized as earned and expenses are recognized as incurred regardless of when cash is received or paid. ...

There’s been a lot of demand for QR codes for real estate signs as they became a fabulous way to go beyond the advertising nature of the traditional static “for sale” ...

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 ...

The right of a property owner to have and enjoy all of the advantages of property ownership including air right, mineral rights, riparian rights, and rights to alluvion, as well as manmade ...

A basic policy is a homeowners insurance policy that covers certain perils. ...

You probably don't have the correct knowledge to represent yourself. The seller pays the real estate commission, not the buyer, and real estate commissions are already set in the listing ...

The cost of homeownership in the US is often the main concern of first time home buyers. Is it better to own a property or to rent? Is it better to postpone the purchase of a home or the ...

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 ...

Conceived in 1944, the VA loan program is one of the oldest facilities offered to veterans and service members. This type of loan is guaranteed by the United States Department of Veterans ...