Distribution Approach

Same as term junior mortgage: Mortgage placed on a property after a previous mortgage. It can be a second, third, etc. mortgage. A junior mortgage is subordinate to the terms of a previous ...

Fees that all tenants or owners must pay for the cost of maintaining common areas. ...

A person who dies without a will and having unknown intentions regarding his estate. In such case, a court administrator is typically appointed to act as an executor in distributing any ...

An estate which descends to heirs in perpetuum. In an estate of inheritance, the current tenant not only has the right to enjoy the property for life, buy his or her tenancy rights pass to ...

Availability of houses in an area. ...

In conducting a real estate transaction, each party is presumed honest and fair with no deceit. The intentions are honorable and realistic. If deception occurs without prior knowledge, the ...

Structure or part thereof, such as a building, that obstructs or overlaps another property. Infringement on the property or rights of another individual or business. ...

Geographic location where a vacant or occupied structure exists. It usually means the land reserved is for a future building. ...

If you’re thinking of moving to Scottsdale, you probably have a lot of questions; what is there to do in Scottsdale? Is Scottsdale safe? What type of people live in Scottsdale? While ...

When considering a move to a new city, there are undoubtedly a number of questions you are bound to ask yourself before you make the final decision. If you have a family, you might ask ...

Located on the barrier island of South Carolina, the resort town of Hilton Head is one of Lowcountry’s most renowned tourist destinations. With a population of about 40,000 residents ...

When you are imagining the ideal place to live, what is the first place that comes to mind? Would you see yourself living close to the breezy coastal beaches or are you more of a mountain ...

For a city located in Southern North Carolina, on the border with South Carolina, Charlotte has an amazing history that combines the charm from the southern past with the eclectic nuances ...

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San Antonio, Texas has rapidly grown in the past few years. There is no surprise that between 2000 and 2010 it was declared the fastest-growing city in the United States. With a ...

A housing ratio is the percentage of your housing payment (principal, interest, taxes, and insurance) to your monthly gross income. Lenders use this ratio to qualify you for a loan. ...