Customer's Extras

Reappraising a decision or strategy that has been made. An example is revising the value of real estate based on new information. The valuation may be needed in contract negotiations or ...

Individuals who are legally entitled to inherit money and property when someone dies. ...

The altering of a rented or leased premises by a landlord rendering it unsuitable for habitation in order to effectuate the tenant's vacating. Constructive eviction occurs when the tenant ...

A provision that allows a mortgage recorded at a later date to take preference over an existing mortgage. ...

Voluntary giving up of a right of a lien, usually on a temporary basis. The waiver may be explicitly stated or implied. An example is when a lender waives its right of lien against ...

Falsify financial records and statements to misrepresent the financial position and operating results of the business. ...

Periodic fee paid for insurance protection. Amount paid for real estate above the expected prevailing price. ...

Two or more people have a legal duty that can be enforced against them by joint action, against all members, and against themselves as individuals. For example, a bank can require repayment ...

An overall debt ratio is the percentage of your overall debt (housing payments plus any other long-term debt) to your monthly gross income. Lenders use this ratio-sometimes called the ...

Wondering how to calculate the fair market value of a property? It helps if you understand that it’s all about an estimate; you’ll hardly bull’s-eye-it. Fair market ...

When you are prequalified, the lender gives you an estimate but does not formally commit to giving you a loan. ...

The definition of “auction” is derived from the Latin word “auctus” which means “increasing”. A home auction is a sale where bidders place one bid after ...

Wondering how do real estate agents get paid? We’ve got to be honest here: some time ago that would be classified as a dumb question because it was kind of obvious. However, faster ...

Are you wondering how to speed things up with your mortgage payment? Thinking how to build equity to your home”? Well, by paying off your mortgage. The more you do, the more ...

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 ...

If you truly want to purchase that property, the only ethical thing to do is to purchase it through that REALTOR. Otherwise, you could set up potential conflicts between your previous ...