Deflation

An Act, passed by congress in order to prevent the practice of redlining and disinvestments in central city areas. Redlining is a practice in which lenders refuse to make loans in certain ...

Commitment by a lender to a borrower for a given amount of money at specified terms for the financing of a project. The borrower pays a fee for the privilege of either executing the loan or ...

Recognizes profit on a long-term construction contract as it is earned gradually during the construction period. This approach is preferred over the completed contract method because it ...

Drain facility usually underground for waste and water disposal consisting on connected pipes. ...

Bond collaterized by real assets. Two kinds of mortgage bond are senior mortgages and junior mortgages. A mortgage bond may have a closed-end provision that prevents the firm from issuing ...

Designation given to members of the American Society of Real Estate Counselors (ASREC). A prerequisite for membership is professional experience and ethical conduct. ...

Lease payments based on factors other than the passage of time. ...

Warranties issued by contractors, sellers, and real estate agencies that protect home buyers from specified defects in a house as per the contract. ...

A lifetime rate cap is an adjustable-rate mortgage (ARM), this cap limits the amount the interest rate can increase or decrease over the life of a loan. ...

The small community of Hampstead, NC, can be found in Pender County, around 30 minutes away from Wilmington, North Carolina. As can be expected from small communities, Hampstead manages to ...

Located on the east coast of Florida, the city of Melbourne lies on the banks of the Indian River. This river separates the city from the Atlantic Ocean and a thin strip of land works as a ...

The first time you set foot in Lakewood Ranch FL you are just amazed at how gorgeous this town is since the master-planned residential development that took place in 1994. This project ...

Whether you are a hardworking blue collar tradesman or a wealthy white collar banker, when you’re buying a house, there’s one thing on your mind: how much is it going to cost ...

This suburb-like city has been ranked one of the nation’s fastest-growing cities and it’s getting better every day. Whether you look at the growing IT industry or the highly ...

A seller takeback is a type of financing in which the seller arranges for the financing on a property. ...

Severna Park is a census-designated place(CDP) located in the beautiful state of Maryland. More specifically, the city is located in Anne Arundel County and it is a short drive away from ...