Mortgagor's signed statement that the stated remaining balance of a mortgage is correct and it is a property lien. This prevents a mortgagor from later stating the facts were misrepresented, and the mortgage therefore is invalid.
“What is Rent Control?”, you ask.Rent Control is how some governmental policies that prevent the Landlord from abusively raising the rent are called in the real estate ...
Provision in a loan agreement where a debtor authorizes a judgment against him in the event of a default. These agreements are widely restricted, but when they are lawful, the creditor is ...
Same as term prospectus: Document that must accompany a new issue of securities for a real estate company or partnership. It includes the same information in the registration statement, ...
Analysis of the risks and rewards to an individual in making a particular property investment. Investment analysis considers the cost of the original investment, the investment return over ...
Everyone knows what is a retirement home, but if we were to give our best most concise retirement home definition it would be of something like: real estate facilities that cater to retired ...
You might have come across this term more often over the last few years when you shop. With environmental awareness on the rise in today’s society, it might become confusing to ...
The definition of a commitment letter or letter of commitment in real estate is a letter whose purpose is to inform a loan applicant that their application has been processed and their ...
If you’ve ever moved to a new place, then there’s a good chance you know how the process works. You know that there are certain things you need to research before you make the ...
If you’re asking this question, chances are you have at least a little experience in real estate investing. Maybe you don’t have any real world experience, but you’re ...
When you think of an alternative way of living, the limits are, quite literally, limitless. Alternative, by definition, regards a sort of out of the norm concept. Living by the norm is what ...
When you think of Orlando, Florida, first, the theme parks pop into your head, such as Universal Studios and Disney World. Did you know that 60 million visitors visit Orlando’s most ...
For a city located in Southern North Carolina, on the border with South Carolina, Charlotte has an amazing history that combines the charm from the southern past with the eclectic nuances ...
Have you ever dreamed of living on the Atlantic coast, where the cool breeze softly touches your skin, and the sun is always shining? If that sounds like the ideal place to live for you, ...
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