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Reappraising a decision or strategy that has been made. An example is revising the value of real estate based on new information. The valuation may be needed in contract negotiations or ...

Individuals who are legally entitled to inherit money and property when someone dies. ...

The altering of a rented or leased premises by a landlord rendering it unsuitable for habitation in order to effectuate the tenant's vacating. Constructive eviction occurs when the tenant ...

A provision that allows a mortgage recorded at a later date to take preference over an existing mortgage. ...

Voluntary giving up of a right of a lien, usually on a temporary basis. The waiver may be explicitly stated or implied. An example is when a lender waives its right of lien against ...

Falsify financial records and statements to misrepresent the financial position and operating results of the business. ...

Periodic fee paid for insurance protection. Amount paid for real estate above the expected prevailing price. ...

Two or more people have a legal duty that can be enforced against them by joint action, against all members, and against themselves as individuals. For example, a bank can require repayment ...

When you are prequalified, the lender gives you an estimate but does not formally commit to giving you a loan. ...

On most transactions, there is usually a listing agent and a selling agent. The selling agent is sometimes referred to as the buyer\'s agent, because he works on the buyer\'s behalf and it ...

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 ...

Basic points relates to changes in the interest rate for your home. ...

An escrow officer - also known as a loan officer - is the person that walks you through the closing process. They are usually employed by the title company that you are working with. They ...

Every client is important no matter how big or small is a business. But selling real estate is somewhat different than selling doughnuts or hot dogs. Houses are most likely the most ...

Not only can one convert a warehouse into a home, but many people have been doing just that. Converting a warehouse into a loft living space is actually kind of a trend which started ...

Do real estate agents work with home renters? Yes, they do. To be honest, real estate agents are willing to work with everyone. There are some who are specialized in sales and not rentals, ...