Holder-in-due-course

An income feature added to a mortgage whereby the mortgagee earns income in addition to the mortgage interest and principal payments. Also called an equity kicker, a kicker allows the ...

Ambiguous contractual language that may result in an unsuspecting buyer of a real property incurring obligations or risks not clearly evident. ...

Right of property owner to have his or her property used in satisfying a loan. Written contract of court judgment placing a lien on a parcel of property as collateral for a loan. An ...

Summary of a judicial decision in a legal case. ...

Loan such as a mortgage that the borrower has consistently made payments on when due over many years. The borrower has proven his creditor worthiness. ...

Occurring two times per year; also called semiannual. On the other hand, biennial means occurring each two years. ...

Used to support two properties; it is attached to both. ...

Agreement in which the promises of the parties are revealed in words, either orally or in writing. ...

The one thing that everyone thinks of when it comes to Frisco, TX is sports. This lovely suburb of Dallas, TX, located only 30 min away, is where any sports fan can come to have it all in ...

San Antonio, Texas has rapidly grown in the past few years. There is no surprise that between 2000 and 2010 it was declared the fastest-growing city in the United States. With a ...

Maryland is one of the US states with really low poverty rates, densely populated, and high standards of living. Being close to the capital of the US and having a prosperous economy is ...

Wondering how to calculate the fair market value of a property? It helps if you understand that it’s all about an estimate; you’ll hardly bull’s-eye-it. Fair market ...

The cost of homeownership in the US is often the main concern of first time home buyers. Is it better to own a property or to rent? Is it better to postpone the purchase of a home or the ...

Every city has its claim to fame. For Chicago, it's the windy weather, a strangely shaped mirror sculpture, and one slightly above-average baseball team. For New York City, it’s the ...

The state of Maryland is rich in providing its residents with a variety in terms of climate, surroundings, and environment. Having both large cities with an urban feel to them as well as ...

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