A situation where a real estate company spends more money than it receives within a stated period of time. This is an unfavorable situation that may result in financial difficulties.
A situation in which real estate operating expenses and mortgage payment exceed rental income.
Involves monthly payments for property taxes and insurance, besides principal and interest. The tax and insurance payments are put into an impound account. For a residential mortgage this ...
The term’s balance sheet definition can be described as a financial statement that a company uses to report its liabilities, assets, and shareholders’ equity at a given time. A ...
Obligation taken on by a person who did not obtain it originally, but agrees to honor the terms of the existing obligation as a condition for the transaction. By assuming the loan rather ...
Expenditures incurred to initially purchase property, including incidental costs necessary to put the property into existing use and location. This cost is then depreciated over the assets ...
Tempted to become a real estate agent in Nashville? Then, you must be concerned about the financial side of the business. Although it’s fairly easy to enter the profession, and the ...
If you’re thinking of moving to Port Charlotte FL, we don’t blame you. It’s a beautiful place, with a long list of attractive qualities that might sway your opinion in ...
Have you ever considered living near an airport? Probably not if you are looking for a home in a quiet neighborhood and living near an airport is not a location that strikes you as quiet. ...
If you’ve been in the real estate game for any amount of time, you’ve probably heard one particular saying: you’re not selling real estate, you’re selling you. This ...
The city of Cape Coral, Florida, is home to over 204,000 residents, located on the state’s southwest coast. This friendly and vibrant community is renowned for its beaches and ...
The “Old Pueblo” or “Sunshine Factory” are the two most commonly known nicknames of Tucson, AZ. The metropolitan area has the second-largest population in Arizona, ...
Being densely populated, one might expect a certain level of insecurity especially when it comes to crimes in Arlington, however, it is one of the safest places one could live in. It might ...
Dallas is a city that holds around 1.3 million people and its prosperous economy has drawn a lot of people to the area. The beginning of Dallas’s economic prosperity started with the ...
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