Household

Agreement between a lending institution and borrower where the borrower agrees to extend or spread the collateral of a loan to additional properties beyond the original mortgaged property. ...

Provision allowing the lender to require full payment of the mortgage when the initial buyer resells the property of effectively prevents a new buyer from assuming the loan. ...

Appraisal method that examines current and future economic conditions in a particular location to help in deriving property values ...

Extended area of land commonly held for subdividing and development into residential units. ...

The slope of surface inclination normally expressed as a percentage. The gradient is determined by dividing the surface change by the length of the surface ...

Approval by an individual or business of a prior act. Without such confirmation, the act would not be binding. ...

The transfer of a property deed from one person to another without publicly recording it. The recording of a deed in a public office gives constructive notice of the act of the sale and ...

Provision permitting a lender to charge the borrower a penalty for repaying a loan before its due date. ...

Any move is stressful, no doubt about it. And it can put a lot of pressure on you, even financially. Like everybody else, you have a few expensive items that you want to make sure that ...

A very common real estate question is:Do Tiny Houses depreciate?Short answer is: yes, tiny houses do depreciate. But let’s explain the “why”s so we get to the bottom of ...

Gulf Shores is a coastal city located to the southernmost side of Alabama on the shores of the Gulf of Mexico. This beautiful coastal destination has a population of about 12,000 people and ...

If you’re looking into relocating in the Sunshine State, why not go a step further and move in Sunshine City. Also known as St. Pete or The Burg - depends whether you’re talking ...

A borrowers other debts, such as auto loans and credit cards, figured into the debt-to-income ratio. ...

The city of McKinney is a quiet town on the outskirts of the Dallas metropolitan area that is home to a number of attractive features that set this town apart from the rest. From being the ...

To figure out where you stand on the debt-to-income ratio, you must first understand the meaning of the figure. Most lenders use the ratio 28/36. The first number, which is also referred ...

Florida is for many people one of the most desired places for a vacation and for good reasons. The state of Florida holds attractions that are unique in the country. The climate makes for ...