Mortgagee

The person to whom a debt or obligation is owed. ...

Provision in a mortgage permitting the owner of property to transfer the mortgage to a buyer. ...

The interest and principal paid on a loan. Debt service is normally paid biweekly, monthly, quarterly, or annually depending on the terms of the loan. See also amortization. ...

Judicial order requiring the named person or business to act or not act on something. An example is an order to a tenant to make rental payments to a landlord. ...

To have a debt is to owe someone something. A debt may be a service, may be money or goods. May even be of gratitude. In the finance world, however, it usually is a way that institutions ...

Cash earnings generated from a real estate investment or property. Cash earnings equals cash revenue less cash expense. The cash earnings may or may not be discounted to its present value ...

Document evidencing the passage of title to a purchaser of property sold for taxes. The tax deed is issued upon foreclosure of the property lien. Typically, there is a grace time period ...

An iron pipe, stone, tree, or other fixed point used in making a survey. ...

Are you confused because you can never tell what is the difference between an apartment and a flat? Don’t feel bad about it. Everyone has this doubt. And, to be honest, ...

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 ...

From the beginning, basements were not built to provide living space but a place to hide plumbing, wires and water boilers. Home buyers are always interested in the gross living area of a ...

If you are thinking of selling your house, any real estate investor or developer would suggest that you use one of the easiest techniques in order to increase its value in the eyes of any ...

A front-end ratio is a ratio of the borrowers monthly housing expenses-including principal, interest, property taxes, and insurance (OITI)-compared to the borrowers gross, pretax monthly ...

If you’re thinking of moving to Bowie MD, there are probably many burning questions on your mind. Is Bowie MD a safe place to live? Are jobs easy to find in Bowie MD? What is the ...

Conceived in 1944, the VA loan program is one of the oldest facilities offered to veterans and service members. This type of loan is guaranteed by the United States Department of Veterans ...

A gift letter is when an individual gives you money for a down payment as a gift, that person must write you a gift letter so that it can be included in your loan documentation. ...