Deed Covenant

Credit standard judging the borrowers historical record of paying loans, among other considerations of the credit worthiness of the borrower. See also five cs of credit. ...

A map that shows land elevations. ...

Also known as “cap rate” or “income yield”, Capitalization Rate is a useful way to compute the rate of return on a real estate investment. It is commonly used in the ...

A prefabricate house constructed in a factory with final assembly and erection on site. Because of economies of scale and modern factory production techniques, modular housing is ...

A leasehold estate that can be determined by the lesser or lessee at any time. ...

Claim or debt that may be recovered by instituting a lawsuit. ...

Legal record used to create a condominium. It encompasses the description of the property, common elements, ownership units, and acceptable uses of the residence. ...

Offering of new securities of a real estate company to the investing public, after registration requirements have been filed with the SEC. the securities are usually made available to the ...

When you are preapproved, you have a definite commitment from a lender ...

Everyone in your family thinks they know how to take pictures to sell your house, right? They say you shouldn’t spend money hiring a professional photographer since you are already ...

A sales contract is the contract you draw up when you want to make an offer on a home. ...

An opinion of a properties fair market value, based on an appraisers inspection and analysis of the property. ...

An APR stands for an ANNUAL PERCENTAGE RATE. This rate includes the costs of any points paid, mortgage insurance, and other costs. ...

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

The public tax assessor value of a property as determined for the purpose of taxation. ...

A rate lock is a commitment issued by a lender to a homebuyer or to the mortgage broker guaranteeing a specific interest rate for a specified amount of time. ...