Federal Home Loan Mortgage Corporation (FHLMC)

Same as term junior mortgage: Mortgage placed on a property after a previous mortgage. It can be a second, third, etc. mortgage. A junior mortgage is subordinate to the terms of a previous ...

Fees that all tenants or owners must pay for the cost of maintaining common areas. ...

A person who dies without a will and having unknown intentions regarding his estate. In such case, a court administrator is typically appointed to act as an executor in distributing any ...

An estate which descends to heirs in perpetuum. In an estate of inheritance, the current tenant not only has the right to enjoy the property for life, buy his or her tenancy rights pass to ...

Availability of houses in an area. ...

In conducting a real estate transaction, each party is presumed honest and fair with no deceit. The intentions are honorable and realistic. If deception occurs without prior knowledge, the ...

Structure or part thereof, such as a building, that obstructs or overlaps another property. Infringement on the property or rights of another individual or business. ...

Geographic location where a vacant or occupied structure exists. It usually means the land reserved is for a future building. ...

There are a lot of reasons to move to Plano Texas. From the ready availability of jobs to the thriving arts community and low crime rates, there are a number of things that may have ...

The meaning of appraised value is the evaluation of a property by a professional appraiser at the time of a mortgage origination process. The financing institution usually chooses the ...

Of all the things that can make or break a city in terms of its livability, the single thing that takes the first spot is the cost of living. Gas prices, rent prices, utility costs, and ...

The resort town of Hilton Head is located on the coast of South Carolina, and it is more commonly known as Hilton Head Island. With about 40,000 residents and a median age of 57, the city ...

Maryland is one of the smaller states of America that really stands out for its beauty and diversity. Different types of climates make for different types of flora, therefore, in Maryland, ...

Unlike, other cities throughout the US, Newton MA, is not your typical city with a single city center but rather 13 villages each having its own charm. This might raise a couple of ...

The spirit of friendship and hospitality are some of the aspects that characterize the residents of Fort Mill, South Carolina. This small town holds a population of about 17,000 people that ...

Most residential communities have a homeowner’s association (HOA) structure that ensures a well-maintained environment and deals with common maintenance issues. Typically if you are ...