Market condition in which sellers exceed buyers, thereby causing prices to fall. In real estate, declining markets may result from unfavorable business conditions and high interest rates.
Same as term appraisal: Valuation assessment of real property by an expert third party for the following purposes:
developing a realistic market price.
setting a market value at the time ...
Large, high-volume food store where customers serve themselves by going through the aisles and selecting their groceries to be paid at the cash register on the way out. ...
Various governmental restrictions and controls placed upon land use in a given jurisdictional area. Land use regulations include zoning and building ordinances, housing codes, and ...
Real rate of interest on a loan. It is the coupon rate divided by the net proceeds of the loan. Assume Sharon
took out a $1,000,000, on year, 10% discounted loan to buy real estate. The ...
Clause inserted into a commercial lease by a mortgagee stating the lessee's current lease will not be terminated if there is a foreclosure action against the landlord for the failure to ...
Land located next to water that has and will continue to experience water damage. The land generally is not suitable to build a structure on. In some cases, federal or local government may ...
Finding a good place to live is a very disputed topic amongst many people because what is good in one person’s eyes might not be the same for others. There are many factors to ...
When you take a look at the small city of Pasadena, MD you will see a very tight-knit community. With a population of around 31,000 residents, this census-designated town confuses the radar ...
When you’re thinking of moving to a new city, it’s important to have a good understanding of exactly what you’ll need to expect before you take the leap. Things like ...
The city capital of Washington D.C. is famous for … well … for being the capital of the United States of America. That is probably the first thing that people think about when ...
Glen Burnie MD is a suburb of Baltimore MD situated just 13 miles away, with a lovely community and plenty of things to do. This CDP situated in Anne Arundel County might not seem like much ...
If you ever find yourself in Savannah, GA for a visit or decide to move there with your family there are some very interesting things that the city is famous for. Its location on the east ...
Safety is the number one concern for many people who are browsing the housing market searching for a new home. Big cities in the US provide their residents with their desired lifestyle, but ...
Taking a look at today’s economy, whispers of recession have been heard across the globe. While things can not be certain, with the 2008 economic crash so close behind us, it’s ...
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