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Reappraising a decision or strategy that has been made. An example is revising the value of real estate based on new information. The valuation may be needed in contract negotiations or ...

Individuals who are legally entitled to inherit money and property when someone dies. ...

The altering of a rented or leased premises by a landlord rendering it unsuitable for habitation in order to effectuate the tenant's vacating. Constructive eviction occurs when the tenant ...

A provision that allows a mortgage recorded at a later date to take preference over an existing mortgage. ...

Voluntary giving up of a right of a lien, usually on a temporary basis. The waiver may be explicitly stated or implied. An example is when a lender waives its right of lien against ...

Falsify financial records and statements to misrepresent the financial position and operating results of the business. ...

Periodic fee paid for insurance protection. Amount paid for real estate above the expected prevailing price. ...

Two or more people have a legal duty that can be enforced against them by joint action, against all members, and against themselves as individuals. For example, a bank can require repayment ...

It’s not hard to figure out why a property has a high market value, especially if you have the qualities of a real estate investor. But what happens to the properties that sell for ...

The city of Scottsdale is more than a place to live - it’s also a resort, a tourist destination. So, the job of the Scottsdale Police Department (SPD) is to ensure a fun and relaxed ...

Everyone in your family thinks they know how to take pictures to sell your house, right? They say you shouldn’t spend money hiring a professional photographer since you are already ...

An overall debt ratio is the percentage of your overall debt (housing payments plus any other long-term debt) to your monthly gross income. Lenders use this ratio-sometimes called the ...

Now that you’ve learned how much does a real estate agent make, you’re wondering who pays the real estate agent? Get ready for a non-answer. Or a super-answer. It’s a ...

A basic policy is a homeowners insurance policy that covers certain perils. ...

A lock in guarantees a certain interest rate for a certain period of time. ...

The cost of homeownership in the US is often the main concern of first time home buyers. Is it better to own a property or to rent? Is it better to postpone the purchase of a home or the ...