Lender (such as a bank) that has the property of the borrower as collateral (security, lien). If the mortgage is not paid, the property may be sold to make payment on the outstanding obligation.
fee for the cost of a loan including interest and points. Points (1 point= 1% of the total loan) are advance charges for a mortgage, whereas interest in charge over the life of the ...
Special court for the purpose of providing fast, inexpensive and informal settlement of small financial claims between plaintiff and defendant. The parties represent themselves. A landlord ...
Not sure about something such as suspecting the truthfulness of statements made by a real
estate agent.
Stipulation in a deed giving the grantor some retained privilege or right in the ...
A graduated payment mortgage (GMP) developed to overcome the negative amortization aspects of the GMP. The key to the FLIP mortgage is the use of the buyer's down payment. Instead of being ...
Take a look at what happens when a massive storm hits a secular forest. Now imagine an earthquake. Now a tornado. Maybe even a tsunami. All these are Acts of God that we all fear but have ...
Houston is the most populous metropolis in Texas and its population is continuously growing. Good job opportunities, housing prices and plenty of entertainment attract people from all ...
Have you ever dreamed of living on the Atlantic coast, where the cool breeze softly touches your skin, and the sun is always shining? If that sounds like the ideal place to live for you, ...
You came in here looking to find out what happens when a property starts to depreciate but the truth is that the question comes from a false premise because not all properties depreciate. ...
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 ...
A Buildable acre consists of 43,560 square feet of residentially designated buildable land, after excluding present and future rights-of-way, restricted hazard areas, public open spaces and ...
Many real estate agents that are either new in the field or are thinking of upgrading their expertise in the area are looking to commercial real estate. The reason is simple. The general ...
“What states allow tiny houses?” – that’s a very simple question that yields a very complicated answer.And that’s because:
Building codes vary not only from ...
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