Debtor

Mortgage loan not insured or guaranteed by a governmental agency such as the Federal Home Administration or the Veterans Administration. This type of loan is repayable in fixed monthly ...

Amount to be paid by a person or business for violating a statute or legal court order. It may also be assessed for violating the provisions of a contract. Examples of penalties are a ...

Fluctuation in sales, profits, rat of return, etc. Likelihood of declining value. ...

Piece of land that id divided into smaller pieces by its owner for the purpose of improving them for future sale. ...

Map that shows the location and boundaries of individual properties. ...

The amount of money a developer must directly invest in order to obtain a development loan. It pays for the initial development cost including costs for items such as architectural plans, ...

An Appraisal is the evaluation of a real estate property made by a neutral third party expert known as an Appraiser. There are a number of reasons a home Appraisal is done: - ...

To pass property by will to an heir. Strictly speaking, real estate cannot be bequeathed to an heir, it must be devised. However, if it becomes clear the purpose of the testator was to ...

Located in the heart of Anne Arundel County, in Maryland, the city of Glen Burnie is one of the best suburbs of Baltimore. Having a place that stands out for its diversity, recreational ...

Of all the things you’ll probably wonder about when moving to a new city, the one at the top of the list will likely be its safety. Whether you have a family or not, keeping yourself ...

When you're moving to a new city, it’s only natural to be struck by a burning desire to know everything you possibly can about your potential new home. You’ll want to know what ...

A condominium is a form of home ownership in which the owner owns the airspace within the walls but doesn't own the actual walls, ceilings, or floors of the home. ...

Gulf Shores is a beautiful coastline city located in the southmost part of Alabama. With white sandy beaches and green-blue waters, the breathtaking views of Gulf Shores make it one of the ...

An index is an economic indicator used to set the rate for adjustable-rate mortgages. ...

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 ...

There’s really no easy and quick answer to “how much money can I borrow to buy a home?” It will all depend on the overall financial health of the area in question, the ...