Frontage

The central core of an urban area. The inner city contains the major commercial center, termed the central business district (CBD). Close to the inner city are also some of the poorest ...

The clear, open and active occupancy of real estate. For example, notorious possession is one of the tests for adverse possession. ...

Housing specifically intended for those people living below a specified income level. Low-income housing qualifies for tax credits up to a percentage of cost. Specific guidelines must be ...

Factor used in present value computations to determine the current value of future cash flows. It is used to get the current value of what the selling price would be when the property is ...

Involves monthly payments for property taxes and insurance, besides principal and interest. The tax and insurance payments are put into an impound account. For a residential mortgage this ...

Market Analysis in the Real Estate Market is basically research done concerning specific properties in relation to the overall current climate of the real estate industry. A good ...

Obtaining money and/or property from a deceased person whether by will or not. ...

A fee estate limited by the happening of a certain event. ...

An index is an economic indicator used to set the rate for adjustable-rate mortgages. ...

A lifetime rate cap is an adjustable-rate mortgage (ARM), this cap limits the amount the interest rate can increase or decrease over the life of a loan. ...

Considering that property depreciation is the phenomenon of an asset losing worth due to its use over time, home depreciation is not only common but inevitable. However, this is ...

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 ...

Are you worried about the constant speeding on your street and neighborhood and you wish to do something to stop it? Traffic calming is the name given to measure that seek to give an order ...

A seller takeback is a type of financing in which the seller arranges for the financing on a property. ...

Basic points relates to changes in the interest rate for your home. ...

A lock in guarantees a certain interest rate for a certain period of time. ...