Amount by which the appraised value of property exceeds the debt balance. If property has a fair market value of $ 250,000 while the mortgage balance is $110,000, the owner's equity in the property is $140,000.
A loan in which the entire charge is subtracted up front from the face value of a loan. The proceeds received are the face value of the loan less this deduction, which increases the ...
Significant information that if disclosed would affect an individual's decision. For example, a buyer would probably not enter into a contract with a seller of real property if it was known ...
A relationship with a person, thing, or item that is the foundation of an insurance policy. One having an insurable interest has a financial stake in preserving the insured person or ...
Traditional style borrowed from the British Georgian architecture in the American colonial period. Colonial architecture usually has two stories emphasizing window detail and shutters. ...
Funds put up by venture capitalists to finance a new business. Often, involves a loan or investment in preferred stock or convertible bonds. A major purpose of seed money is to form a basis ...
If you’re looking for information about the state of the housing market in Fort Myers, Florida, then you’ve come to the right place. Here you will find data both about the ...
The city with over 200,000 residents in the Lone Star State has all the meaningful advantages, traditions, and technical momentum, low crime rates, and prices, as well as marvelous ...
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 ...
This suburb-like city has been ranked one of the nation’s fastest-growing cities and it’s getting better every day. Whether you look at the growing IT industry or the highly ...
Great things can be said about Fort Lauderdale, Florida. Everyone knows about its world-class amenities, with top-rated restaurants and 23 miles of beaches, which for many, seems like the ...
The grand capital of the U.S. is reducing their crime rates as the years go by. With renovations happening in every neighborhood and an economy that has been growing over the past few ...
A proration is the division of certain fees. If the sellers have paid the taxes six months in advance, for example, they may want a portion of that payment back for the months you are ...
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