Flexible Rate Mortgage (FRM)

An Act, passed by congress in order to prevent the practice of redlining and disinvestments in central city areas. Redlining is a practice in which lenders refuse to make loans in certain ...

Commitment by a lender to a borrower for a given amount of money at specified terms for the financing of a project. The borrower pays a fee for the privilege of either executing the loan or ...

Recognizes profit on a long-term construction contract as it is earned gradually during the construction period. This approach is preferred over the completed contract method because it ...

Drain facility usually underground for waste and water disposal consisting on connected pipes. ...

Bond collaterized by real assets. Two kinds of mortgage bond are senior mortgages and junior mortgages. A mortgage bond may have a closed-end provision that prevents the firm from issuing ...

Designation given to members of the American Society of Real Estate Counselors (ASREC). A prerequisite for membership is professional experience and ethical conduct. ...

Lease payments based on factors other than the passage of time. ...

Warranties issued by contractors, sellers, and real estate agencies that protect home buyers from specified defects in a house as per the contract. ...

What is a vlog? A video blog (shortened vlog) is a type of blog in which the message is spoken, not written, and the medium is video. It is a form of web television made popular by ...

Every state has its own history and interesting facts that make your mouth drop to surprise, thinking that you never knew those things. For example, did you know that the state of Tennessee ...

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A subagent is an agent who works with you to purchase a house but is paid by the seller. ...

Any move is stressful, no doubt about it. And it can put a lot of pressure on you, even financially. Like everybody else, you have a few expensive items that you want to make sure that ...

As you already know, within the state of Maryland there are different cities, towns, and CDP's also known as Census Designated Places. Most commonly you will find a variety of incorporated ...

Fairfax city is located in northern Virginia, and even though it is well placed inside the borders of Fairfax county, it is an independent city. Fairfax city is part of the ...

When you think of the city of Miami, what is the first thing that comes to mind? You are probably thinking of their world-class beaches, great year-round weather, and awesome coastal vibes. ...