Dry Mortgages

Same as term cape cod colonial house: Early American style 1 1/2 story house with a steep gable roof covered with shingles. The bedrooms are on the first floor, but the attic is often ...

An attached dwelling in a multiple housing complex having at least two floors and usually a garage. Such dwellings are typically found in condominiums and cooperatives. ...

First right of a party, usually a creditor, to hold, keep possession of, or control the property of another to pay a debt, duty, or obligation. ...

Widely used of property deed containing five warranties: Covenant of seisin. This is an assurance the purchaser has possession of the estate in quantity and quality as was purported. ...

Founded in 1908 and located in Chicago, IL, the NAR is a federation of 50 state associations and 1848 local real estate boards, termed either Realtors or Realtor-Associates. With over ...

Removal of a tenant from a portion of a rented or leased premise. ...

Unlimited interest in property. A freehold estate may be a fee simple or file estate. Freehold estate includes freehold in deed, a fee simple estate; freehold in law, an inheritable estate; ...

Legal instrument permitting one to grant others general or specific powers for administering their finances. ...

There’s really no easy and quick answer to “how much money can I borrow to buy a home?” It will all depend on the overall financial health of the area in question, the ...

A subagent is an agent who works with you to purchase a house but is paid by the seller. ...

Yes and no.The yes part of the answer is pretty standard; we’ve been covering it in the many many articles we put out on our real estate advice and tips page exposing the ...

A negative amortization is a type of loan situation that occurs when the monthly payments do not cover the principal or interest. Instead of declining, the balance of the loan actually ...

You came in here looking to find out what happens when a property starts to depreciate but the truth is that the question comes from a false premise because not all properties depreciate. ...

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

Are you wondering how to speed things up with your mortgage payment? Thinking how to build equity to your home”? Well, by paying off your mortgage. The more you do, the more ...

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