Level Payment Mortgage

An income feature added to a mortgage whereby the mortgagee earns income in addition to the mortgage interest and principal payments. Also called an equity kicker, a kicker allows the ...

Ambiguous contractual language that may result in an unsuspecting buyer of a real property incurring obligations or risks not clearly evident. ...

Right of property owner to have his or her property used in satisfying a loan. Written contract of court judgment placing a lien on a parcel of property as collateral for a loan. An ...

Summary of a judicial decision in a legal case. ...

Loan such as a mortgage that the borrower has consistently made payments on when due over many years. The borrower has proven his creditor worthiness. ...

Occurring two times per year; also called semiannual. On the other hand, biennial means occurring each two years. ...

Used to support two properties; it is attached to both. ...

Agreement in which the promises of the parties are revealed in words, either orally or in writing. ...

When you’re choosing a place to live such as the city of Venice FL, there are a number of important questions you, as a responsible home buyer, will need to know. You’ll ...

The real estate market in Florida has been for quite some time one of the hottest markets in the country. Being an international touristic destination with a good year-round climate makes ...

There are a lot of important factors to consider when choosing a possible new home. Things like the cost of living, availability of jobs and available amenities all play a major role in ...

Yes and no.The yes part of the answer is pretty standard; we’ve been covering it in the many many articles we put out on our real estate advice and tips page exposing the ...

When you’re thinking of moving to a new city, it’s important to have a good understanding of exactly what you’ll need to expect before you take the leap. Things like ...

If you’ve ever tried traveling on a limited budget, chances are you’ve run into your fair share of difficulties. Dealing with budget airlines, car rental companies, sketchy ...

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Located in close proximity to the westernmost metropolis of Florida, the city of Gulf Breeze, FL is a great destination for families and, as it has great assisted living facilities, ...