Finish Floor

Factor in real estate appraisal. A type of physical depreciation owing the lack of normal upkeep, such as broken glass and doors and discolored paint that negatively impacts the value of ...

Individual renting a residential or office unit. ...

An obligation of the owner of property that is recorded with his permission such as a mortgage. Encumbrance on property without being objected to by the owner. ...

Ask Price is the initial listed price for a piece of real estate.It’s important to understand that, in the real estate world, there’s no such thing as a fixed price when buying ...

Representative house, apartment, or cooperative used as a sales tool to show how the actual unit bought will probably appear in design and construction. An example is a model apartment. ...

Extra compensation given to a real estate broker who has surpassed his sales quota (e.g., number of house sold, total sales dollars of houses sold, number of apartments rented, square ...

Judicial proceeding against the person rather than against the person's property. Seeks to have the individual perform the terms of a contract, provide a service, or repair a loss. In ...

Unexpected increase in the price of property not due to any effort on the owner's part. An example is when the appraised value of a house increases because of a population increase in the ...

When you’re moving to a new city, there are a lot of things you’ll probably be asking. Are houses expensive? What recreational activities are available in the area? Are schools ...

Say you are the proud Tenant of a home and you made the greatest deal ever – it’s in an awesome neighborhood, it has a sweet rent price and it came already fully furnished; ...

From the beginning, basements were not built to provide living space but a place to hide plumbing, wires and water boilers. Home buyers are always interested in the gross living area of a ...

When you have decided to sell a house, it is an important step and selling for the right price is crucial in order to make the most out of it. While most people hire a professional ...

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

The state of Tennessee has been one of the hardest states hit by the sub-prime mortgage crisis of 2007-2008. Since then, the state has constantly fought to make homeownership more ...

A type of financing in which a developer or seller arranges for the buyer to get a loan at a rate below the current market rate. The developer or seller pays interest costs in order to ...

A limit on an adjustable-rate mortgage. ...