Time period in which one may carry out a lien on property.
Expenditure to make a specific security or real estate transaction. Real estate transaction costs include survey costs, mortgage points and origination fees, recording fees, state transfer ...
Mortgage-backed, pass-through securities that segregates mortgage pools into short, medium, and long-term. CMOs arose because GNMA or FHLMC mortgage-backed securities have uncertain time ...
When a real estate owner wants to know what their property tax liability is, they calculate the assessment ratio for their property. An assessment ration is a relationship between a real ...
Approach to determining a capitalization rate for use in valuating property so as to arrive at a suitable purchase price. To the risk free interest rate is added a risk premium to cover the ...
In legal terms, the definition of null and void (“void ab initio”) can describe an agreement that has no force or binding power. Therefore, it’s neither valid nor legally ...
A graduated payment mortgage (GMP) developed to overcome the negative amortization aspects of the GMP. The key to the FLIP mortgage is the use of the buyer's down payment. Instead of being ...
A unilateral contract is a contract where only one part holds responsibility for whatever the document promises. For instance, an insurance contract is usually a unilateral contract ...
Condition that affects the probability of losses or perils occurring. An example is possible earthquake or flood damage to a house. ...
Within the Chesapeake Bay in Maryland lies the charming city of Annapolis, MD in Anne Arundel County. It is one of the most desirable places to live in and people argue that it is one of ...
Satellite Beach is a small, quaint town located in Brevard County, that fronts the Atlantic Ocean, creating one of the most beautiful coastlines in Florida. With a total area of 4.3 square ...
As the city that has been voted time and time again as the best city in the US, Charleston, SC also has to pass the safety test for any new possible residents. That is, of course, one of ...
Succeeding as a real estate agent is not an easy task and you might get lost along the way if you don’t continuously strive to become better. If you just started pursuing a real ...
Jobs in the Champion city are not scarce. The vast majority of the population, though, are white-collar workers, either working in IT or managing their own business. But Clermont has its ...
Land O’Lakes is a census-designated place located in Pasco County, Florida, and it is part of the Tampa Bay area. This region includes the three major cities of Tampa, St. Petersburg, ...
Pasadena is a census-designated place located in Anne Arundel County, Maryland. With a population of about 31,00 people, this suburb of Baltimore and Washington D.C. is a small, compact ...
The quiet, sophisticated town of Bowie MD is nestled cozily between the US capital of Washington DC and Annapolis, Maryland. This town is known for many things, from its beautiful suburban ...
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