Distressed Property

Appraisal method that examines current and future economic conditions in a particular location to help in deriving property values ...

Also called financial leverage. The use of borrower funds to magnify return. Trading profitably on the equity, also called favorable financial leverage, means that the borrowed funds ...

lender who charges an exorbitant interest rate, which is typically illegal because it exceeds the interest rate allowed in the state. A borrower may go to a loan shark if he cannot obtain ...

Mixed assortment of either housing styles in a residential development or mixed zoning uses in an urban development plan. For example, heterogeneous nondevelopment residential are has many ...

Steps taken to remove someone from the real property who does not have a contractual basis to be there. An example is the landlord removing homeless people who have moved into a vacant ...

Real estate term describing a buyer who is prepared to comply with terms and conditions of a purchase contract and has the financial ability to complete the transaction. In a property ...

A loan indemnified against default by the borrower. Such loans may be a mortgage loan insured by a standard mortgage insurance policy or by FHA mortgage insurance. In the event of the death ...

An agreement among those involved in a contract. There is an offer and acceptance, and the property has an evaluation. A financial consideration must also exist. ...

Canton GA used to be one of the country’s biggest cotton producers, but nowadays, the city is well known for the great attractions, shopping, dining, events, art, and parks. With a ...

I looked at a property yesterday with a REALTOR® who seems to be clueless.  I am really interested in purchasing the property, though. Can I switch agents and still make the ...

The small community of Hampstead, NC, can be found in Pender County, around 30 minutes away from Wilmington, North Carolina. As can be expected from small communities, Hampstead manages to ...

Located in Mecklenburg County, North Carolina, Matthews is a well-known suburb of Charlotte that stands out for its family-friendly community and its small-town feel. You can be sure that ...

If you’re thinking of relocating your family to the city of Knoxville TN, then there’s a good chance you already know a fair bit about this city. You’ve probably already ...

Most of the online “Best places to Live” listings grant Alpharetta a top ranking, but is Alpharetta GA a safe place to live? If we take into account the fact that the overall ...

The state of Maryland is rich in providing its residents with a variety in terms of climate, surroundings, and environment. Having both large cities with an urban feel to them as well as ...

From many different perspectives, the city of Alpharetta, GA is considered, all around, a great place to live. You can find countless lists where the city ranks among the best places to ...