Opening Escrow

Appropriateness of the soil for the designated purposes. An example is soil suitable for the growing of vegetables and fruit, or grazing for horses. ...

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

Decline in value of property from use. The property's condition is aging. An example is plumbing deteriorating over time. ...

Individual who attempts to maximize his or her profitability by investing which the anticipation that a particular investment will go up in value. A speculator will generally be willing to ...

Value of a company's or person's name and reputation, As a result, the business will have a competitive edge, and generate better-than-typical future earnings. ...

Clause often provided in property insurance policies that distributes the liability to pay an indemnification among several insurers in proportion to the liability exposure each on a ...

Insurance or maintenance policy taken out by a buyer of real or personal property. ...

Title leaving no question as to who the owner is. It is the title which a reasonable buyer, knowledgeable of the facts and their legal implications and acting in a reasonable manner, would ...

An opinion of a properties fair market value, based on an appraisers inspection and analysis of the property. ...

A lock in guarantees a certain interest rate for a certain period of time. ...

A housing ratio is the percentage of your housing payment (principal, interest, taxes, and insurance) to your monthly gross income. Lenders use this ratio to qualify you for a loan. ...

Are you wondering what is the difference between being prequalified and preapproved for a loan? Do you always get confused because they seem pretty much the same thing, right? But there is ...

A seller takeback is a type of financing in which the seller arranges for the financing on a property. ...

Developed by a successful management consultant in the ‘60s named Albert S. Humphery, the SWOT analysis is still in use today at management level. It starts with a goal in mind, a ...

Do real estate agents work with home renters? Yes, they do. To be honest, real estate agents are willing to work with everyone. There are some who are specialized in sales and not rentals, ...

You know what is the truest answer to “who can put a lien on your house”? Yourself. We’re not trying to be smart here; it’s the truth. Failing to pay up a ...