Life Of Loan Cap

Appraisal method that examines current and future economic conditions in a particular location to help in deriving property values ...

Also called financial leverage. The use of borrower funds to magnify return. Trading profitably on the equity, also called favorable financial leverage, means that the borrowed funds ...

lender who charges an exorbitant interest rate, which is typically illegal because it exceeds the interest rate allowed in the state. A borrower may go to a loan shark if he cannot obtain ...

Mixed assortment of either housing styles in a residential development or mixed zoning uses in an urban development plan. For example, heterogeneous nondevelopment residential are has many ...

Steps taken to remove someone from the real property who does not have a contractual basis to be there. An example is the landlord removing homeless people who have moved into a vacant ...

Real estate term describing a buyer who is prepared to comply with terms and conditions of a purchase contract and has the financial ability to complete the transaction. In a property ...

A loan indemnified against default by the borrower. Such loans may be a mortgage loan insured by a standard mortgage insurance policy or by FHA mortgage insurance. In the event of the death ...

An agreement among those involved in a contract. There is an offer and acceptance, and the property has an evaluation. A financial consideration must also exist. ...

When you hear someone referring to a real estate agent type as a “general agent”, it might seem that someone is calling that agent “basic”, common. Right? But the ...

Many families choose to move to Tucson, AZ for a variety of reasons. Some want to get away from the colder northern climate or just want an area where you don't have to deal with natural ...

Bentonville Arkansas is a sunny little town in northwestern Arkansas. Nestled in the center of Benton county, Bentonville is in one of the fastest-growing areas in the United States. Why is ...

When you take a look at the small city of Pasadena, MD you will see a very tight-knit community. With a population of around 31,000 residents, this census-designated town confuses the radar ...

Do you want to feel the heartbeat of Orlando but the big city life is not really what you have in mind for you and your family? Take a look at Clermont, FL! It’s a hidden gem that you ...

Any move is stressful, no doubt about it. And it can put a lot of pressure on you, even financially. Like everybody else, you have a few expensive items that you want to make sure that ...

There are many things that San Antonio, Texas, is known for. From its incredibly rich history to the largest Mexican market in the US, we will cover the main things that come to mind when ...

So you’re thinking of moving to Plano. We don’t blame you! It’s a beautiful city, with a vibrant, eclectic atmosphere, excellent job opportunities, and an excellent public ...