Mutual Water Company

Expenditure to make a specific security or real estate transaction. Real estate transaction costs include survey costs, mortgage points and origination fees, recording fees, state transfer ...

Mortgage-backed, pass-through securities that segregates mortgage pools into short, medium, and long-term. CMOs arose because GNMA or FHLMC mortgage-backed securities have uncertain time ...

When a real estate owner wants to know what their property tax liability is, they calculate the assessment ratio for their property. An assessment ration is a relationship between a real ...

Approach to determining a capitalization rate for use in valuating property so as to arrive at a suitable purchase price. To the risk free interest rate is added a risk premium to cover the ...

In legal terms, the definition of null and void (“void ab initio”) can describe an agreement that has no force or binding power. Therefore, it’s neither valid nor legally ...

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 ...

A unilateral contract is a contract where only one part holds responsibility for whatever the document promises. For instance, an insurance contract is usually a unilateral contract ...

Condition that affects the probability of losses or perils occurring. An example is possible earthquake or flood damage to a house. ...

When you hear someone referring to a real estate agent type as a “general agent”, it might seem that someone is calling that agent “basic”, common. Right? But ...

If you want to spend your golden years in a place where you can enjoy the outdoors and where your family, grandchildren included can visit you and have a great time together, ...

Fort Myers is a city located in the southwest region of Florida. Also, the county seat of Lee County, Fort Myers holds a population of about 75,000 people. The city was named after Colonel ...

As the name suggests, the city of Jacksonville Beach, FL is located on the east coast of Florida, minutes away from the city of Jacksonville, FL. These two are not the same city and ...

Known for its outstanding art and culinary scene, the city of Bentonville AR is the birthplace of the world’s largest retailer, and it stands out as one of the greatest cities of ...

Have you ever experienced living in a coastal village? A place where the river estuary carries you through a variety of fauna and flora, leading to the heart of the town where distinct ...

You probably know Clermont for its proximity to Orlando, its gorgeous parks and scintillating nightlife, and its large community of migratory retirees known as snowbirds. However, none of ...

If you’re here, chances are you’re interested in buying a home in Houston. You’ve probably looked at volumes of relevant info, from crime rates to job opportunities, and ...