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.

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Related Real Estate Glossary terms

Claim Against Employers Net Worth

Claim by the pension benefit guaranty corporation (PBGC) against an employer for reimbursement of th ...

Life Estate

A freehold equity in a n estate, restricted to the duration of the life of the grantee or other stip ...

Deferred Retirement

Retirement taken after the normal retirement age. For example, if the normal retirement age is 65 or ...

Loss Ratio

Relationship of incurred losses plus loss adjustment expense to earned premiums. ...

Defense Research Institute (dri)

Organization of trial attorneys who specialize in the representation of defendants who become subjec ...

Disintegration

(1) The transformation of a racially integrated neighborhood-bousing pattern into segregated housing ...

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Escrow is a trust account created by a neutral third party to hold money for the seller or buyer. Wh ...

What Is A Lifetime Rate Cap?

A lifetime rate cap is an adjustable-rate mortgage (ARM), this cap limits the amount the interest ra ...

What Is A Spec House?

The textbook definition of a spec house is \"one built on a speculative basis, without an order on t ...

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Equity is the financial interest or cash value of your home, minus the current loan balance(s). If s ...

How Big Is An Acre?

An acre is an area of land equal to 43,560 square feet. For visuality purposes, an acre is most oft ...

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