Disposable Income
Definition of "Disposable income"
Personal income minus personal income tax payments and other government deductions. It is the personal income available for people to spend or save; also called take-home pay. It may be a critical factor to consider by prospective homebuyers.
Popular Real Estate Terms
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. ...
House that can be bought at a low price because it is in poor condition. A buyer who is handy may find it attractive because he can personally make the needed repairs without hiring others. ...
Borrower's right to cancel, within three business days, a creditor contract in which his or her residence is used as collateral. This right does not apply to first mortgage loans. ...
Index of the costs to construct residential properties. ...
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Pump installed in the sump of a building to pump out and drain any water or liquids that have accumulated. ...
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