Effective Interest Rate

The person to whom a debt or obligation is owed. ...

Provision in a mortgage permitting the owner of property to transfer the mortgage to a buyer. ...

The interest and principal paid on a loan. Debt service is normally paid biweekly, monthly, quarterly, or annually depending on the terms of the loan. See also amortization. ...

Judicial order requiring the named person or business to act or not act on something. An example is an order to a tenant to make rental payments to a landlord. ...

To have a debt is to owe someone something. A debt may be a service, may be money or goods. May even be of gratitude. In the finance world, however, it usually is a way that institutions ...

Cash earnings generated from a real estate investment or property. Cash earnings equals cash revenue less cash expense. The cash earnings may or may not be discounted to its present value ...

Document evidencing the passage of title to a purchaser of property sold for taxes. The tax deed is issued upon foreclosure of the property lien. Typically, there is a grace time period ...

An iron pipe, stone, tree, or other fixed point used in making a survey. ...

With 236 sunny days in a year and no freezing temperatures, Clermont really deserves a closer look. And even though it is in the heart of Lake County, the risk of having your house flooded ...

Are you wondering what is the difference between being prequalified and preapproved for a loan? Do you always get confused because they seem pretty much the same thing, right? But there is ...

Recognized by Forbes as being one of the best places to live in the USA, Fairfax is a city nestled in the suburban expanse of Washington, DC metro region. Fairfax is an independent city and ...

Wondering what is the difference between a condominium and an apartment? Well, differently from the difference between an apartment and a flat, this one is not so much related to word ...

A borrowers other debts, such as auto loans and credit cards, figured into the debt-to-income ratio. ...

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. ...

Conceived in 1944, the VA loan program is one of the oldest facilities offered to veterans and service members. This type of loan is guaranteed by the United States Department of Veterans ...

In 2020, our financial lives revolve around our credit scores. Want to buy a car? Better have good credit! Want to lease a house? Good credit is a must. Applying for a new credit card? ...