Expansible House | Real Estate Glossary

Definition of "Expansible house"

House design to be easily expandable.

Decline in real estate values occurring during economic hardships such as depression or recession. T ...

Person or business who owns property being rented out to tenants. ...

The difference between the value of the property and the loan amount, expressed in dollars, or as a ...

See before-tax cash flow; cash flow. ...

Same as term Contingent Business Income Coverage Form: coverage for loss in the net earnings of a bu ...

A fully amortized mortgage necessitating periodic payments of both interest and principal. In the e ...

FSBO means for sale by owner. ...

People finance to obtain a new loan in order to pay off the existing mortgage or to gain access to t ...

A point is equal to 1 percent of a loan amount. Lenders charge points in exchange for lowering the i ...

An easement is the right given by the landowner to use the property. ...

This calculator will amortize your mortgage over the loan period based on your input. To see a break ...

Principal is the amount of money borrowed and still owed on a loan not including the interest. ...

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