Mortgage that has an interest rate that changes based on some event. For example, the interest rate may vary depending on changes in the prime rate or inflation rate.
A tenancy in which no written lease is involved, rent being paid monthly. It can be renewed for each succeeding month or terminated at the option of either party with sufficient notice. ...
Unfortunately, we encounter false advertising daily. False advertising refers to deceptive or misleading ads and commercials that fail to showcase a product’s or service’s ...
Method pf determining the geographic extent of a market for a given commercial property. This will determine the suitability of locating a specific commercial property in a certain area. ...
The term agricultural property means a type of land that has been designed or is permitted to engage in agricultural activities. Also referred to as agricultural land, agricultural ...
Contract to act on the behalf of a principal in selling real estate. The principal agrees to pay a commission to the broker when a buyer is produced who is ready, willing, and able to meet ...
The term proxy comes from the power of attorney by which the holder of stockholders in a real estate company transfers voting rights to another stockholder. A proxy fight may arise in which ...
When moving to a new city, there are certain questions any responsible adult will ask before they take the leap and move their life to a new place. If you’re thinking of moving to ...
Yes, you can use two realtors® to sell your house. Actually, more than two. You can use how many you’d like.
It’s what is called an Open Listing. In it, the home seller ...
When you are imagining the ideal place to live, what is the first place that comes to mind? Would you see yourself living close to the breezy coastal beaches or are you more of a mountain ...
The city of Foley, AL is a town in south Alabama, the last stop before the shore of the Gulf of Mexico and a destination for students during spring break as well as families and retirees. ...
When we hear about Florida we think of beautiful beaches, good year-round weather, amusement parks, and top restaurants. Florida’s vibrant scene and diverse culture captivates many ...
When it comes to relocating, there are a lot of concerns you may have about the area to which you’re moving. You’ll probably want to know everything you can about the city, the ...
A front-end ratio is a ratio of the borrowers monthly housing expenses-including principal, interest, property taxes, and insurance (OITI)-compared to the borrowers gross, pretax monthly ...
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 ...
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