Dead End Street

The abstraction method is a valuation procedure used to determine the land value relative to the total market value of the property. The abstraction approach is most often used when there ...

(1) Return of the principal invested in real estate. It excludes income earned. (2) Collection of a previously written off bad debt. ...

Land surveying measurement that is 16.5 feet in length, or 5 1/2 yards. A perch is also called a rod or a pole. Today the term perch is seldom used. It is found in old deeds, surveys, and ...

Space constructed between elements of a structure permitting lateral movement due to expansion occurring from temperature increases. ...

A mortgage collaterized by a tenant's interest, usually structural improvements, in a leased parcel of property. A leasehold mortgage is subordinate to the landlord's land lease since it is ...

Also called profit and loss statement. A financial statement depicting a business entity's operating performance and reports the components of net income, including sales of real estate, ...

A lien against all of the property of a debtor. A general lien may be obtained either through a judgment lien, where the court issues a judgment, a lien by creditors on a state, or through ...

Legal action under eminent domain where the government takes ownership of privately held real estate for public use (parks or schools for example) irrespective of the owners wishes. The ...

The definition of a commitment letter or letter of commitment in real estate is a letter whose purpose is to inform a loan applicant that their application has been processed and their ...

So you’re thinking of moving to Plano. We don’t blame you! It’s a beautiful city, with a vibrant, eclectic atmosphere, excellent job opportunities, and an excellent public ...

We all aim for a debt-free retirement that comes with the peace of mind of no longer making payments. Mortgage payments are included there, and retiring with further payment required on ...

Many real estate agents that are either new in the field or are thinking of upgrading their expertise in the area are looking to commercial real estate. The reason is simple. The general ...

This question might have crossed your mind while planning for retirement, or... after inheriting your aunt’s under-the-mattress savings. You spread your wings ready to fly to the ...

This city located on Florida’s southeast coast has a few cards up its sleeve when it comes to activities that people can enjoy. Boca Raton, FL is famous for several things, but its ...

Every client is important no matter how big or small is a business. But selling real estate is somewhat different than selling doughnuts or hot dogs. Houses are most likely the most ...

If you’re a real estate agent, chances are you’ve hosted or would like to host an open house. Open houses are a great way to simultaneously build rapport with your clientele, ...