Considerations used by lenders in appraising a prospective homebuyer' credit application. They are: Character, Capacity (cash Flow), Capital, Collateral and Conditions (economic status)
The term assessed value is used to define the dollar value of a property for the applicable taxes. The evaluator, a tax assessor, determines the property’s assessed value for tax ...
Locating a structure after considering such factors as the homeowner's desired privacy, noise, wind, and sunlight.
Position of a structure on a specific location relative to ...
Similar property.
Comparing like property.
properties that are side by side but do not meet. They are in the same direction with a constant distance.
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Same as term Veterans Administration Mortgage: Mortgage guaranteed up to 30 years by the Veterans Administration to veterans meeting minimum requirements. Originally established by the ...
Conversion of real property into money.
The breaking up and selling of a real estate company for cash distribution to its creditors and then owners. Chapter 7 of the Federal Bankruptcy ...
Having trouble deciding whether to spend your vacation in Pigeon Forge or Gatlinburg? Don’t worry, we’re here to help! Both are attractive vacation destinations, so we ...
Recently sold properties that are similar in size, location, and amenities to the home for sale. These properties help an appraiser determine the fair market value of a property. ...
As the city that has been voted time and time again as the best city in the US, Charleston, SC also has to pass the safety test for any new possible residents. That is, of course, one of ...
Fort Mill is a city located in York County, in the northern part of South Carolina. This city has a population of about 17,000 people and it is well-positioned in the proximity of Rock Hill ...
Clermont Florida is well known for its beautiful suburban neighborhoods and its high population of “snowbirds”, wealthy retirees from the northern US who spend their winters in ...
You’re researching your options regarding a homeowner’s insurance policy and you’re wondering which to get; there are so many! Then, your real estate agent, a great ...
So you’re thinking of moving to Boca Raton. We’ve all been there. Whether it’s within your price range or not, Boca Raton is a gorgeous city and you can’t blame ...
When considering moving to a new city, it’s important to know as much as possible about that city before you make such a life-altering decision. You’ll have to do research, and ...
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