Failure or refusal to perform a specified action. The failure to fulfill contractually agreed upon terms or actions. Nonperformance creates a liability which can enable a judicial damage action.
Are you thinking to yourself: What does replacement cost mean?When someone in the Real Estate Market mentions Replacement Cost, they are talking about an evaluation of how much it ...
In an adjustable rate mortgage (ARM), the maximum rate that can be charged during the
mortgage period. For example, John obtained an $80,000 6% ARM having a lifetime rate cap of 10.5%. ...
The age at which one is legally capable of entering into binding contracts, signing a deed and negotiating business agreements. In most states this is the age of majority. Normally this is ...
Home inspector is the name the real estate industry calls the professional responsible for the close and thorough examination of a property.
The home inspector usually is called upon ...
Interest rate on an adjustable rate mortgage based on the total of the current value of an index and margin applicable to the mortgage. The rate is the basis for the computation of monthly ...
Map within a governmental jurisdiction showing the boundary lines and ownership of all real property. A cadastral program produces the cadastral map. ...
Company formed for the purpose of owning securities of one or more real estate corporations and assuming control over their practices and management. The other corporations are generally ...
When thinking of a city where you can raise a family in a safe environment with enough amenities to provide both the young and the elderly Alpharetta offers everything a family can need. ...
A condominium is a form of home ownership in which the owner owns the airspace within the walls but doesn't own the actual walls, ceilings, or floors of the home. ...
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 ...
Came here wondering if you need a permit to build a bunker? Of course you do. Come on, this is America; you need a permit to build anything! Especially a deep earth bunker, which might go ...
Fort Mill is a town located in the state of South Carolina as a suburb of the city of Charlotte. Right around the border of South to North Carolina, this city is also known as Fort Mill ...
Pursuing a real estate career is not easy, however, the rewards can be great if you stick to it and do your best in order to get better. Real estate has many faces to it, and you can get ...
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 ...
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