Discount Points

Insurance protection for the replacement cost of damaged property. Thus, the accumulated depreciation is not subtracted in determining the amount of reimbursement. ...

Right to profit by utilizing the assets of another's land. A profit a' prendre would include the right to use and mine another's property recovering and removing any assets. ...

Wall having an air space between the two sides. A hollow wall is often covered with wallboard that is nailed to the wall studs providing an air space between the two sides. ...

(1) Giving up an ownership claim to property. (2) Renunciation of a claim to real property. ...

A person has the option of canceling a contract previously agreed to. ...

Widely used of property deed containing five warranties: Covenant of seisin. This is an assurance the purchaser has possession of the estate in quantity and quality as was purported. ...

Expenditures incurred building a structure, including material and labor. ...

Requires collateral to secure the debt. An example of collateral might be one's home. ...

From the beginning, basements were not built to provide living space but a place to hide plumbing, wires and water boilers. Home buyers are always interested in the gross living area of a ...

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. ...

A maintenance fee is a charge by condominium associations, co-ops, or other homeowners associations for the upkeep of the property. ...

Since real estate is one of the most valuable assets on Earth, architects and builders have to comply with a number of building codes, depending on the size and destination of their ...

Nine out of ten Americans treat their pets like any other family member. Over 63 million dogs and 42 million cats are spoiled in our homes. But believe it or not, Scottsdale, Arizona has ...

There’s really no easy and quick answer to “how much money can I borrow to buy a home?” It will all depend on the overall financial health of the area in question, the ...

There’s been a lot of demand for QR codes for real estate signs as they became a fabulous way to go beyond the advertising nature of the traditional static “for sale” ...

An escrow officer - also known as a loan officer - is the person that walks you through the closing process. They are usually employed by the title company that you are working with. They ...