Marginal Property

Mortgage market in which original loans are made by lenders. The market is made up with lenders who supply funds directly to borrowers and hold the mortgage until the debt is paid. Examples ...

Decline in real estate values occurring during economic hardships such as depression or recession. The late 1980s and early 1990s experienced a depressed real estate market. Many office ...

Evaluation of housing requirements based on family size, ages, occupations, marital status, and other population characteristics. ...

Covering studs on the outside. ...

Map that shows the location and boundaries of individual properties. ...

Loans that adhere to national guidelines by Fannie Mae, who buy the loans on the secondary market. Fannie Mae purchases mortgages to a certain dollar limit. Conforming loans typically ...

Obligation requiring payments of interest and principal at periodic dates, usually monthly. Interest equals the balance of the loan at the beginning of the period multiplied by the interest ...

Transfer of property from a seller to a buyer. ...

Seated right in the middle of one of the fastest growing regions in the nation, the city of Bentonville Arkansas has seen huge population growth in the past several years. If you’re ...

Florida is for many people one of the most desired places for a vacation and for good reasons. The state of Florida holds attractions that are unique in the country. The climate makes for ...

When you are prequalified, the lender gives you an estimate but does not formally commit to giving you a loan. ...

Bentonville is situated in the center of one of the fastest growing areas in the United States. Driven by the presence of some of the largest retail companies in the US, business is booming ...

A housing ratio is the percentage of your housing payment (principal, interest, taxes, and insurance) to your monthly gross income. Lenders use this ratio to qualify you for a loan. ...

A gated community is a community of homes where you must pass through a security gate in order to enter the community. ...

Annapolis, MD is a beautiful city located on the Chesapeake Bay in Anne Arundel County. It has a population of about 40,000 people with a median age of about 37 years which makes it a good ...

With a population of about 1.3 million people, Dallas is the third most populous city in Texas and the ninth most populous city in the USA. The city of Dallas is part of the fourth largest ...