Depressed Market

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. ...

Alexandria, Virginia is part of the Washington, Arlington, Alexandria metropolitan area and with a population of about 150,000 people, this city is a historical site with plenty of fun ...

With the real estate market appreciating crazy fast in some of the US’s biggest cities, many find it difficult even to afford an entry-level apartment. Big cities such as New York, ...

Wondering how to calculate the fair market value of a property? It helps if you understand that it’s all about an estimate; you’ll hardly bull’s-eye-it. Fair market ...

As you already know, within the state of Maryland there are different cities, towns, and CDP's also known as Census Designated Places. Most commonly you will find a variety of incorporated ...

For those seeking a new place to live in the state of Florida, the city of Jacksonville Beach is a strong contender. The city has a rich and storied history, a progressive, forward ...

Wondering what is the cash offer definition? Well, the cash offer definition is pretty much what it says, an offer made in cash. But aren’t all offers cash? No one buys a house ...

When you hear about tiny homes or the tiny house movement, you’re probably already getting the gist of it. At least when it comes to the size of the house. The major difference ...

Recognized by Forbes as being one of the best places to live in the USA, Fairfax is a city nestled in the suburban expanse of Washington, DC metro region. Fairfax is an independent city and ...