Deterioration

Limited period of time granted by state law to an individual who has had his or her property foreclosed on and sold to regain possession of the property by repaying the debt that was ...

A delay in making a principal payment on a mortgage that a bank allows a debtor for current financial difficulties. The extension of a loan at maturity at the 'going' market interest ...

Outside of a structure covering a lower quality or cheaper surface to make the structure look better. Examples of veneer exteriors are bricks covering concrete, or a thin surface layer of ...

Each payment made by the borrower is equal each period, usually monthly. Each payment is comprised of principal and interest. Interest is based on the beginning balance. The cash paid less ...

Emotional value of property to the particular person. An example is an owner of a house who is attached to it because his deceased parents lived there. ...

Increase in the value of property arising from holding it. The gain is realized only when the property is sold at which time it is taxable. An example is the increase in the appraised value ...

Stairs or porch by the front door of the house. ...

Thin layer or slate of baked clay, linoleum, or some other material that is used for covering floors, roofs, or as an ornament in a building. ...

If you’re thinking of buying a home in Bowie MD, we don’t blame you; this city has a lot to offer! With a high median household income, thriving real estate market and lucrative ...

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A proration is the division of certain fees. If the sellers have paid the taxes six months in advance, for example, they may want a portion of that payment back for the months you are ...

The answer to this question depends on what kind of investment you are referring to. The city of Cape Coral, FL was the original master-plan investment. It started out as the Rosen ...

Hilton Head is an island located on the coast of South Carolina in a region called “Lowcountry”.  This region has a rich culture and history that sets it apart from other ...

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 ...

For families with children, there are a lot of important things to look for when seeking a city to call home. If you’re thinking of moving to the city of Houston, you’ll no ...

There are many things that San Antonio, Texas, is known for. From its incredibly rich history to the largest Mexican market in the US, we will cover the main things that come to mind when ...