Double Floor

An Act, passed by congress in order to prevent the practice of redlining and disinvestments in central city areas. Redlining is a practice in which lenders refuse to make loans in certain ...

Commitment by a lender to a borrower for a given amount of money at specified terms for the financing of a project. The borrower pays a fee for the privilege of either executing the loan or ...

Recognizes profit on a long-term construction contract as it is earned gradually during the construction period. This approach is preferred over the completed contract method because it ...

Drain facility usually underground for waste and water disposal consisting on connected pipes. ...

Bond collaterized by real assets. Two kinds of mortgage bond are senior mortgages and junior mortgages. A mortgage bond may have a closed-end provision that prevents the firm from issuing ...

Designation given to members of the American Society of Real Estate Counselors (ASREC). A prerequisite for membership is professional experience and ethical conduct. ...

Lease payments based on factors other than the passage of time. ...

Warranties issued by contractors, sellers, and real estate agencies that protect home buyers from specified defects in a house as per the contract. ...

Yes, you can use two realtors® to sell your house. Actually, more than two. You can use how many you’d like. It’s what is called an Open Listing. In it, the home seller ...

Pursuing a real estate career is not easy, however, the rewards can be great if you stick to it and do your best in order to get better. Real estate has many faces to it, and you can get ...

It’s not hard to figure out why a property has a high market value, especially if you have the qualities of a real estate investor. But what happens to the properties that sell for ...

Located on the east coast of Florida, the city of Melbourne lies on the banks of the Indian River. This river separates the city from the Atlantic Ocean and a thin strip of land works as a ...

A qualifying ratio is the percentages a lender compares to see whether you qualify for a loan. ...

Upper Marlboro is the seat of Prince George’s County, Maryland, with a population of about 700 people. Upper Marlboro is just 0.4 square miles and about 5% of that is water, making it ...

Sarasota FL is the county seat of Sarasota County, a beautiful city located on the West Coast of Florida. Having such amazing scenery at your disposal paired with the outstanding weather of ...

A limit on an adjustable-rate mortgage. ...