Disposable Income

Description of an area that is located at the outskirts of a city composed primarily of residential units. The city frequently provides employment, cultural activities, and other support ...

Person or business susceptible to loss on an investment, such as a high-risk speculation ...

Any commercially fabricated and widely available product designed for household and personal use. Consumer goods are available in an open market place and are competitively priced. ...

Insurance coverage to pay the balance of the mortgage if the wage earner dies. ...

Home inspector is the name the real estate industry calls the professional responsible for the close and thorough examination of a property. The home inspector usually is called upon ...

Structure of prefabricated units. ...

Alleged to be real or genuine. What appears to be such as a real estate agent's seeming authority to act on behalf of a principal. However, the agent may not in fact have real ...

Cancellation of a contract such as when a real estate agreement is deemed illegal. ...

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 ...

You probably don't have the correct knowledge to represent yourself. The seller pays the real estate commission, not the buyer, and real estate commissions are already set in the listing ...

Not only can one convert a warehouse into a home, but many people have been doing just that. Converting a warehouse into a loft living space is actually kind of a trend which started ...

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

Wondering what is the difference between a condominium and an apartment? Well, differently from the difference between an apartment and a flat, this one is not so much related to word ...

A commitment letter is a formal offer of a loan by a lender. The letter states the terms under which the lender has agreed to the loan. ...

Recently sold properties that are similar in size, location, and amenities to the home for sale. These properties help an appraiser determine the fair market value of a property. ...

“What states allow tiny houses?” – that’s a very simple question that yields a very complicated answer.And that’s because: Building codes vary not only from ...