Economic Obsolescence

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. ...

The city of Fort Myers is a southwestern city in the state of Florida, that holds a population of about 75,000 people. This city allows people here to enjoy a calm and peaceful environment, ...

If you’re looking into how to get a job in real estate and arrived at this page: congratulations; you’ve just made a big step toward your first real estate job! Not only ...

Glen Burnie MD is a suburb of Baltimore MD situated just 13 miles away, with a lovely community and plenty of things to do. This CDP situated in Anne Arundel County might not seem like much ...

Melbourne is a thriving city located in Brevard County, Florida that really stands out for its beautiful scenery, rich history, art, and culture. The beautiful year-round climate in Florida ...

If you are considering moving to the city of Canton GA, there are probably a lot of things you’ll ask yourself. What are the crime rates in Canton? What is the average cost of rent? ...

About 23 miles from the Virginia border, in the northeast corner of North Carolina lies the beautiful city of Durham. The foothill region lying between the mountains holds a population of ...

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 ...

If you want to spend your golden years in a place where you can enjoy the outdoors and where your family, grandchildren included can visit you and have a great time together, ...