Escrow Agent

Taxes owed due to nonpayment, underreporting, or omission (unknowingly or intentionally) from a prior year. The taxing authority will demand the back taxes, including possible fines, ...

Agreement between a lending institution and borrower where the borrower agrees to extend or spread the collateral of a loan to additional properties beyond the original mortgaged property. ...

Characterized by a low volume of real estate sale transactions. ...

Market analysis method where sales of similar properties in proximity neighborhoods are compared. The comparable sales methodology is extremely useful if the properties being compared are ...

Loan secured by the pledge of specific collateral. ...

Time period in which one may carry out a lien on property. ...

federal tax on gifts made and estate proceeds. ...

Same as term industrial park: Usually a fairly large site zoned and planned for the purpose of industrial development and located outside the main residential area of a city. Industrial ...

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 ...

As a gulf coast town, Foley, AL has been listed towards the end of 2019 as one of the safest cities in Alabama. The state as a whole doesn’t score very high on the safety scale but ...

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? ...

The suburban city of Newton MA is located in Middlesex County, Massachusetts, about 7 miles away from downtown Boston. With a population of about 90,000 people and comprising about 13 ...

To figure out where you stand on the debt-to-income ratio, you must first understand the meaning of the figure. Most lenders use the ratio 28/36. The first number, which is also referred ...

You have probably heard a lot of good things about living near a highway, but also things that made you reconsider your options. Maybe the noise of passing cars is too much to bear if you ...

A front-end ratio is a ratio of the borrowers monthly housing expenses-including principal, interest, property taxes, and insurance (OITI)-compared to the borrowers gross, pretax monthly ...

I looked at a property yesterday with a REALTOR® who seems to be clueless.  I am really interested in purchasing the property, though. Can I switch agents and still make the ...