Individual who will receive an inheritance upon the death of another. The proceeds of an insurance policy may be in a lump sum annuity. Real estate also passes to the beneficiary. ...
Innovative architectural designs for either single or multi level homes and other buildings incorporating innovative features, such as passive solar heating. Contemporary building plans ...
The loss of an access right to a parcel of property through another property owner's property. This could materially affect the value of the property denied access. ...
Lien which is over and above a first lien. A second lien is subordinate to the first
lien and can be satisfied only after the initial lien is satisfied. ...
Same as term furring strip: Insulating material attached to crevices around doors and windows to prevent air from either entering or escaping from a structure. Tacked, stapled, or glued ...
A fully amortized mortgage necessitating periodic payments of both interest and principal. In the early years of the loan, the share of principal is smaller and the interest larger, a ...
The portion of a structure providing the primary ground support. Foundations have a foundation wall forming a permanent below grade retaining wall. All modern foundations rely on concrete ...
A gift letter is when an individual gives you money for a down payment as a gift, that person must write you a gift letter so that it can be included in your loan documentation. ...
There are a lot of things you might want to know about a place before you decide to make Ashburn Virginia your new home. You’ll want to know what the housing market is like, so you ...
If you have a family, or a job that just doesn’t pay that well, chances are your first concern when moving to a new city is its cost of living. You’ll probably research the ...
Ever wondered what it feels like to live in the state of North Carolina? The city of Durham offers one of the most authentic North Carolina experiences. Renowned for its technology ...
An overall debt ratio is the percentage of your overall debt (housing payments plus any other long-term debt) to your monthly gross income. Lenders use this ratio-sometimes called the ...
The first answer that comes to mind when someone asks how does where you live affect how you live is: do you have a lot of spare time? Because this one takes a while to answer…
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If you're in the process of moving, there's a good chance that you've already researched a laundry list of questions. You might have searched up the average price of a home in a prospective ...
For those of you who started searching for a new place to live in Pasadena, MD it’s important that you check a few things before you close a sale. Most people look at housing costs ...
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