Depressed Market

Situation where a neighbor hood is gradually occupied by progressively lower income people. ...

Unit of measure for the change in interest rates for loans. One basis point equates to 1 percent of 1 percent, that is, 0.01 percent. Therefore, one hundred basis points equals 1 percent. ...

Survey of the maintenance requirements for a commercial or industrial rental property for the purpose of preparing a management agreement. ...

Main structural support beam. A girder is made of steel, reinforced concrete, or timber. It is designed to support loads at different points along its length. ...

Permission to do something that differs from the basic zoning requirement. An example is a homeowner receiving special authorization to build a two-family house in a single family zoned ...

The substitution of one person or business for another when the substituted person or business has the same rights and obligations as the original party. An insurance company can surogate ...

Aluminum or metal treated barrier that is placed between the concrete and wood of the foundation of a newly constructed building to prevent termites from infesting the wood. Many experts ...

The selling of a parcel of land whereby the original owner agrees to immediately leaseback the property. The advantage of the land sale-leaseback in that the original property owner can ...

Located one hour north of the border and the chair seat of Pima County, the city of Tucson, AZ is a flower in the desert. As part of the Sonoran Desert, the flora and fauna in and around ...

Located in Pinellas County on Florida’s Gulf Coast, the city of St. Petersburg is also known as The Sunshine City and it can be a great place to live. This isn’t only because of ...

To figure out where you stand on the debt-to-income ratio, you must first understand the meaning of the figure. Most lenders use the ratio 28/36. The first number, which is also referred ...

Located in Mecklenburg County, North Carolina, Matthews is a well-known suburb of Charlotte that stands out for its family-friendly community and its small-town feel. You can be sure that ...

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. ...

Investing in real estate has branched out considerably. Many investors in the industry have branched out from rental properties and commercial real estate to house flipping, real estate ...

Naples, Florida is a city that holds a population of about 22,000 people and it is one of the wealthiest coastline cities in the country. The beautiful sugar-white sand that covers the ...

A Buildable acre consists of 43,560 square feet of residentially designated buildable land, after excluding present and future rights-of-way, restricted hazard areas, public open spaces and ...