Impound Account

Way to determine the capitalization rate of income property for valuation purposes by weighting the rate of interest and source of financing in percentage terms. ...

To understand what an abatement notice is, one needs to understand the concept of nuisance abatement. Abatement notice is the notice given to the owner (or occupier) of a property as ...

Roof design having two different pitches. See also gambrel roof. ...

A void property is a real estate property that is immediately available for new owners or renters as it is vacated. Void real estate properties can be occupied at a short notice as no ...

Also called investment property. Real property held by a business for investment potential or in order to earn income by leasing or letting it, rather than for its own use. ...

Ownership in property by two or more persons at the same time. ...

Provision in the Internal Revenue Code applicable to the sale of an individual's house. The gain or loss is deferred by adjusting the cost basis of a new house bought within two years of ...

Relating to trees or shrubs normally found in temperate climates. Deciduous trees shed their leaves in the fall. Deciduous woods such as pine, oak, Maple, redwood, and spruce are widely ...

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 ...

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

When we look at home equity, we instantly think of home equity loans or home equity lines of credit. There is a reason for that, and we’ll get to it in a bit. Firstly, however, ...

Having trouble deciding whether to spend your vacation in Pigeon Forge or Gatlinburg? Don’t worry, we’re here to help! Both are attractive vacation destinations, so we ...

Located in the heart of Wake County, is the city of Raleigh which is also the county seat and the capital city of North Carolina. The city is the second-largest city in the state of North ...

Sometimes it is easier for some people living in the suburb to associate themselves, with the main city that of which the suburb belongs to. But each suburb has its own history and charm ...

Known for its outstanding art and culinary scene, the city of Bentonville AR is the birthplace of the world’s largest retailer, and it stands out as one of the greatest cities of ...

Although we keep hearing about it, there’s still a lot of uncertainty around digital real estate, also known as virtual real estate. The terms refer to the ownership and usage of ...