Also called trust deed. A document that conveys title to a neutral third party during the period in which the mortgage loan is outstanding as collateral for a debt.
A gift by will of real property.
Absolute legasy: An unconditional and immediate gift.
Conditional legasy: The bequest of a gift depends on the occurrence of something happening. For ...
Through real estate properties, many individuals of varying degrees of expertise find ways to make money. The real estate industry allows these practices as real estate properties are ...
The definition of Hypothecation in real estate is the use of one’s belongings as collateral for a loan. This practice assures the lender that, whether the borrower is able to pay or ...
Location Analysis is the appraisal of a general geographic area for a particular use. A Residential Real Estate Market professional (or consumer) rarely deals with a Location Analysis ...
Characteristic of a trust that prevents the invasion of its principal by the trustees while providing a lifetime income to its principal beneficiary with the rest going to the son's ...
Same as term furring strip: Insulating material attached to crevices around doors and windows to prevent air from either entering or escaping from a structure. Tacked, stapled, or glued ...
Located on the coast of a small barrier island, the city of Indian Harbour Beach FL is known for its beautiful landscape, green areas, and top-rated beaches. The city is part of a bigger ...
This amazing 55+ active retirement community in the heart of Florida could be a game-changer for any adult who is looking to spend their golden years juggling fun, entertainment and ...
Satellite Beach Florida is one of the most unique and newly founded cities along the coastline of Florida. This small town holds a population of about 10,000 people who love the lifestyle ...
Are you wondering what is the difference between being prequalified and preapproved for a loan? Do you always get confused because they seem pretty much the same thing, right? But there is ...
Located on the Eastern side of the Potomac River, just south of Washington DC’s downtown district is Fort Washington, an unincorporated area in Prince George’s County. Living in ...
If you’re planning a trip to the city of Houston TX, there’s a good chance you’ll be wondering exactly what there is to do in this city. Whether you’re just in ...
A front-end ratio is a ratio of the borrowers monthly housing expenses-including principal, interest, property taxes, and insurance (OITI)-compared to the borrowers gross, pretax monthly ...
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