Holding Cost Of A House


Definition of "Holding cost of a house"

The initial cost of a home plus any expense for final settlement that are not tax deductible plus capital improvements.



Search Real Estate Glossary

 

Related Real Estate Glossary terms

System Safety

Method of accident prevention whose objective is to detect system-component deficiencies that have t ...

Innkeepers Liability Insurance

Coverage for negligent acts or omissions of an operator of a motel or hotel resulting in bodily inju ...

Renewal Premium

Payment due on the renewal of an insurance policy. The premium may be adjusted up or down to reflect ...

Trust

Legal entity that provides for ownership of property by one person for the benefit of another. The t ...

Rebuttable Presumption

'Disputable' presumption that is subject to rebuttal based on evidence. However, the presumption pr ...

Reinsurance Exchange

Group in which subscribing members agree to (1) regulations governing their behavior, and (2) the qu ...

Related Real Estate FAQ

What Is A Default?

A default is when a person fails to make payments on a loan. ...

What Is A Mortgagor?

A mortgagor is the borrower. ...

What Is A Principal?

Principal is the amount of money borrowed and still owed on a loan not including the interest. ...

What Do I Need To Know About Auto Insurance?

Choosing the auto insurance requires consideration of manyfactors- Take into account everything you ...

Do I Need Flood Insurance?

Over 90% of all presidential-declared disasters in the United States are flood related. Leveling for ...

What Is Zoning?

Zoning is the laws that establish how a property can be used and what codes must be followed when er ...

Read why Real Estate Agent rates 5 Stars in 10 Agent Reviews
Read Reviews

Agents join here
Add our widget on your Website

Real Estate Advice

Real Estate Open House - The Dos and Don Mortgage Loan Types What is Hazard Insurance? Tax Breaks for the First Time Home Buyer Why Use a Real Estate Agent?

FAQ

If I want to buy a house and I know the property and the seller already have an agent, can I act as my own agent and negotiate a lower fee? What does Fannie Mae mean? What is a mortgagor? What is hazard insurance? What is Freddie Mac?