Level Payment Income Stream
Same as term annuity: Equal period payments or receipts. Examples of an annuity are annual rental receipts from a real estate investment and cash dividends from a real estate firm's preferred stock. There are two types of an annuity. They are an ordinary annuity, where payments or receipts occur at the end of the period; and an annuity due, where payments or receipts are made at the beginning of the period.
Popular Real Estate Terms
The practice where a bank or insurance company restricts or denies mortgages or insurance, respectively, in certain defined geographic areas. ...
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Is a wholly owned government corporation administered by the Department of Housing and Urban Development. It does not by mortgages; it issues pass-through securities in which interest and ...
Housing where affirmative action is proactively pursued protecting the housing rights of people of all races, nationalities, and religions. ...
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Limited-time warranty against defects, offered by builders to new home purchasers. Normally effective for a relatively short period of time, such as one or two years. ...
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