Ex Post Facto

Lender's written assurance that the borrower has fully paid the obligation. The borrower may then show this instrument to interested parties. ...

Agreement in which some terms are yet to be carried out. The contract is still not fully completed. ...

Real estate sales contract where possession and use is provided to the buyer, but the deed is kept by the seller until the full purchase price is met whereupon the title is placed in the ...

Percentage of a commission paid by a salesperson to a supervisor in an organization. For example, a real estate salesperson must pay a 25% override to the real estate broker for all ...

Legal responsibility dictated by some jurisdictions when an individual's activities are deemed incompatible with public policy, regardless of whether the action was intentional or negligent. ...

Accelerated depreciation method in which the amounts recognized in the early years of the property's useful life are greater than those recognized in the later years. The SYD is found by ...

Expenditure paid to occupy property over a specified time period. ...

Individual who creates property improvements by making homes, shopping centers, and other commercial buildings for a profit on an area of land. The developer organizes and plans the ...

Earlier this year, at the end of spring, home sellers listed their properties at a median price of $365,000 according to Norada Real Estate Investments. The median sale price, though, or ...

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

On most transactions, there is usually a listing agent and a selling agent. The selling agent is sometimes referred to as the buyer\'s agent, because he works on the buyer\'s behalf and it ...

Every client is important no matter how big or small is a business. But selling real estate is somewhat different than selling doughnuts or hot dogs. Houses are most likely the most ...

When you are prequalified, the lender gives you an estimate but does not formally commit to giving you a loan. ...

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 ...

Are you confused because you can never tell what is the difference between an apartment and a flat? Don’t feel bad about it. Everyone has this doubt. And, to be honest, ...

When you hear someone referring to a real estate agent type as a “general agent”, it might seem that someone is calling that agent “basic”, common. Right? But the ...