Owner Occupant

Cash earnings generated from a real estate investment or property. Cash earnings equals cash revenue less cash expense. The cash earnings may or may not be discounted to its present value ...

Property taken over by the government because the owner has failed to pay taxes on it. The property may revert back to the owner when the taxes are paid. If not, the government may sell the ...

A rental contact in which the tenant's rental is tied to a change in the price level, such as the Gross National Price Deflator. ...

Fee a borrower is assessed for the right to make a loan payment before the due date. An example is the prepayment charge for paying-off a mortgage early. ...

The ability to pay is a self-explanatory term used in Real Estate to determine if the Home Buyer has the financial health to honor a deal. Mortgage Lenders can't afford to lend out money ...

Clay-baked, glazed piping that is not damage by water. It is often used in underground drainage. ...

Appraisal method that examines current and future economic conditions in a particular location to help in deriving property values ...

The meaning of a development impact fee or impact fee defines a one-time cost the local government imposes on a brand new or planned development project (regularly on a property developer.) ...

An escrow officer - also known as a loan officer - is the person that walks you through the closing process. They are usually employed by the title company that you are working with. They ...

In 2020, our credit score is an essential and integral part of our financial lives. Replacing outmoded concepts like a good reputation and an unbroken word of honor, this relatively new ...

Lakewood Ranch is a city located in the northeastern part of Sarasota County and in the southeastern Manatee County, Florida. Stretching for about 48 square miles and with a population of ...

If you go south of Washington D.C, following the Potomac River on the left side of the capital, you'll find Fort Washington, MD. This is a city built around an actual fort. It was, ...

Naples, Florida is a city located on the Gulf Coast. This resort city is one of the wealthiest cities in the country and in 2014 there where around 12,000 households who reached the ...

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 ...

Recently sold properties that are similar in size, location, and amenities to the home for sale. These properties help an appraiser determine the fair market value of a property. ...

If you’re a real estate agent, chances are you’ve hosted or would like to host an open house. Open houses are a great way to simultaneously build rapport with your clientele, ...