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Increase in the value of property arising from holding it. The gain is realized only when the property is sold at which time it is taxable. An example is the increase in the appraised value ...

See Board of Equalization. ...

Individual to whom a mortgage, or property, is pledged. ...

The price the seller charges the buyer for real estate. The net sales price received by the seller will be less after taking into account the selling costs (e.g., brokerage commission, ...

Giving another an immediate benefit. Example are an employee in a real estate company receiving pension or health care benefits after five years of employment, and passing title to ...

General decrease in prices. It is the opposite of inflation and different from disinflation, which is a decrease in the rate of price increases. Deflation results form a reduction in the ...

generic name of the form used to file taxes payable to a federal, state, or local government. The tax return includes items such as gross income, deductions, tax credits, and tax due. ...

Professional certification granted by the Institute of Real Estate Management, an affiliate of the National Association of Realtors. ...

Bethesda is a small city located in Montgomery County, with a population of about 60,000 people. The city is just a stone’s throw away from the capital city of the US, Washington DC ...

In 2020, our financial lives revolve around our credit scores. Want to buy a car? Better have good credit! Want to lease a house? Good credit is a must. Applying for a new credit card? ...

For those moving to a new city, there are a lot of different things to take into consideration before you make your decision. You’ll need to find out what the crime rate is, what the ...

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 ...

Located in Pinellas County on Florida’s Gulf Coast, the city of St. Petersburg is also known as The Sunshine City and it can be a great place to live. This isn’t only because of ...

Not only can homeowners associations impose pet restrictions but almost 100% of them do. Here’s the thing: the job of a homeowners associations or HOA is to look at the big ...

Of all the things that can make or break a city in terms of its livability, the single thing that takes the first spot is the cost of living. Gas prices, rent prices, utility costs, and ...

Nestled in a quiet crook of Florida’s southwestern coastline, the city of Venice FL is every home buyer’s dream. With gorgeous gulf vistas, quiet city streets, and a plethora of ...