First Mortgage

Cash earnings generated from a real estate investment or property. Cash earnings equals cash revenue less cash expense. The cash earnings may or may not be discounted to its present value ...

Property taken over by the government because the owner has failed to pay taxes on it. The property may revert back to the owner when the taxes are paid. If not, the government may sell the ...

A rental contact in which the tenant's rental is tied to a change in the price level, such as the Gross National Price Deflator. ...

Fee a borrower is assessed for the right to make a loan payment before the due date. An example is the prepayment charge for paying-off a mortgage early. ...

The ability to pay is a self-explanatory term used in Real Estate to determine if the Home Buyer has the financial health to honor a deal. Mortgage Lenders can't afford to lend out money ...

Clay-baked, glazed piping that is not damage by water. It is often used in underground drainage. ...

Appraisal method that examines current and future economic conditions in a particular location to help in deriving property values ...

The meaning of a development impact fee or impact fee defines a one-time cost the local government imposes on a brand new or planned development project (regularly on a property developer.) ...

Perched on a seabank overlooking the Atlantic ocean the city of Pensacola has a long and fascinating history that has seen it switch hands between Spain, England and finally the United ...

Many people wind up in the city of Jacksonville Beach, Florida that is located just a short drive away from Jacksonville, FL on Florida’s east coast, without being aware of the ...

Every year, hurricane after hurricane sweeps over huge swaths of the country, leaving paths of destruction and decimation in their wake. Homes are destroyed by high winds or high water, ...

A treasury index is an index used to determine interest-rate changes for certain adjustable-rate mortgages (ARMs). This index is based on the results of auctions the U.S. Treasury holds for ...

You’ve searched all through the internet regarding how to close a real estate deal without an agent and now you’ve arrived here and we hope that you finally have the answer you ...

If you want to spend your golden years in a place where you can enjoy the outdoors and where your family, grandchildren included can visit you and have a great time together, ...

South Florida is one of the most beautiful and sought after places in the state and even in the world. Everyone has heard of Miami, and not many have the once in a lifetime opportunity to ...

To figure out where you stand on the debt-to-income ratio, you must first understand the meaning of the figure. Most lenders use the ratio 28/36. The first number, which is also referred ...