Income Producing Property

The abstraction method is a valuation procedure used to determine the land value relative to the total market value of the property. The abstraction approach is most often used when there ...

(1) Return of the principal invested in real estate. It excludes income earned. (2) Collection of a previously written off bad debt. ...

Land surveying measurement that is 16.5 feet in length, or 5 1/2 yards. A perch is also called a rod or a pole. Today the term perch is seldom used. It is found in old deeds, surveys, and ...

Space constructed between elements of a structure permitting lateral movement due to expansion occurring from temperature increases. ...

A mortgage collaterized by a tenant's interest, usually structural improvements, in a leased parcel of property. A leasehold mortgage is subordinate to the landlord's land lease since it is ...

Also called profit and loss statement. A financial statement depicting a business entity's operating performance and reports the components of net income, including sales of real estate, ...

A lien against all of the property of a debtor. A general lien may be obtained either through a judgment lien, where the court issues a judgment, a lien by creditors on a state, or through ...

Legal action under eminent domain where the government takes ownership of privately held real estate for public use (parks or schools for example) irrespective of the owners wishes. The ...

When you look at a city to consider relocating to, one of the most important things to search is whether it is an excellent place to live or not. Taking a look at San Antonio, Texas, the ...

A gift letter is when an individual gives you money for a down payment as a gift, that person must write you a gift letter so that it can be included in your loan documentation. ...

Gatlinburg is a charming little mountain resort town in Sevier County, Tennessee. According to the 2021 census, Gatlinburg has a population of about 3,800 souls. Yet, we can not help but ...

As Charleston, SC is located in the middle of South Carolina’s oceanfront, the city manages to attract an increasing number of new residents every year as well as visitors who come ...

Alexandria, Virginia is part of the Washington, Arlington, Alexandria metropolitan area and with a population of about 150,000 people, this city is a historical site with plenty of fun ...

Located on the Gulf Coast, right around the middle of Florida’s western shore, Tampa is slowly but surely becoming one of the best cities in the state and country. The growth in job ...

As the name suggests, the city of Jacksonville Beach, FL is located on the east coast of Florida, minutes away from the city of Jacksonville, FL. These two are not the same city and ...

So, you’re planning your next vacation. Buying plane tickets, packing your bags and formulating your itinerary. Once you’ve made these preparations, you’re going to need ...