Marginal Property

A type of real estate investment trust (REIT) that does not own property but gives short-term financing for construction loans or for permanent mortgage loans for major projects. ...

Outside of a structure covering a lower quality or cheaper surface to make the structure look better. Examples of veneer exteriors are bricks covering concrete, or a thin surface layer of ...

Mortgage loan where for a slight increase in the monthly payment, the loan can be paid off in only 15 years, The overall savings in interest paid to the lender over the life of the 15-year ...

Person or business that provides an option to someone else. ...

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

Payment made by the tenant to the landlord for the right to use property, such as an apartment or office. ...

Depreciation method based on the anticipated useful life of the property, allowing for normal wear and tear. ...

Lien prior to another lien taking precedence over it. A senior lien may not necessarily be a first lien. ...

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. ...

I looked at a property yesterday with a REALTOR® who seems to be clueless.  I am really interested in purchasing the property, though. Can I switch agents and still make the ...

When thinking of a city where you can raise a family in a safe environment with enough amenities to provide both the young and the elderly Alpharetta offers everything a family can need. ...

If you go south of Washington D.C, following the Potomac River on the left side of the capital, you'll find Fort Washington, MD. This is a city built around an actual fort. It was, ...

If you’re planning to move to the city of Huntersville, you’re probably doing your research to find out as much as you can about the city before you make the decision. ...

Of all the things that can make or break a city in terms of its livability, the single thing that takes the first spot is the cost of living. Gas prices, rent prices, utility costs, and ...

The definition of a commitment letter or letter of commitment in real estate is a letter whose purpose is to inform a loan applicant that their application has been processed and their ...

With the economy as it is today, cost of living is of more importance than ever when it comes to choosing a place to live. Cost of living determines how much time you’ll spend ...