Mortgage Correspondent

Building a structure in such a way as to reduce the process of destruction in the event of fire. Fire-resistant materials are used. ...

Where property is sold to the highest bidder. ...

Method of accounting in which expenses are recorded when cash is paid and revenue is recorded when cash is received. The cash basis can be used for a service business. It can only be used ...

Market condition in which sellers exceed buyers, thereby causing prices to fall. In real estate, declining markets may result from unfavorable business conditions and high interest rates. ...

Where the borrower may add to the principal without renegotiating the terms of the loan. Additional sums borrowed under the terms of an open-end loan will have the same rate of interest and ...

in masonry, the stones or bricks that are laid cross ways on a wall providing support to the horizontal stretcher bricks. The ends of the header bricks are visible in the wall. A beam ...

Part of a capital gain constituting tax benefits previously taken and taxed as ordinary income. ...

Rental agreement directly between the landlord and tenant. If the tenant then rents it out to another, it is referred to as a sublease. The relationship takes the following form: ...

Maryland is one of the smaller states of America that really stands out for its beauty and diversity. Different types of climates make for different types of flora, therefore, in Maryland, ...

The state of Florida, also known as the Sunshine State, is the second most visited state in the USA, right next to California. Spanning from luxurious estates to impressive coastline ...

What is the cost of living in Frisco, TX The city of Frisco overlaps in Collin and Denton counties in Texas. It's part of the Dallas-Fort Worth metroplex, which is a quick 30-minute drive ...

Now that you’ve learned how much does a real estate agent make, you’re wondering who pays the real estate agent? Get ready for a non-answer. Or a super-answer. It’s a ...

An escrow officer - also known as a loan officer - is the person that walks you through the closing process. They are usually employed by the title company that you are working with. They ...

A lifetime rate cap is an adjustable-rate mortgage (ARM), this cap limits the amount the interest rate can increase or decrease over the life of a loan. ...

Located in the heart of Virginia, just south of Richmond, VA, the unincorporated area of Chesterfield, VA is the county seat of Chesterfield County. There are many reasons for this ...

For those who are trying to figure out what exactly is Chesterfield, VA we are going to come up with an explanation to clear the air. It might be complicated to differentiate but we will do ...