Planned Unit Development (PUD)

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. ...

There’s been a lot of demand for QR codes for real estate signs as they became a fabulous way to go beyond the advertising nature of the traditional static “for sale” ...

Like many other people who have been seeking a life in a gorgeous oceanfront city, turning your gaze towards Boca Raton, Florida is not a surprise. The city has many attributes that attract ...

There are a lot of reasons you might be thinking of making the city of Ashburn Virginia your home. The community of Ashburn VA has low crime rates, an exceptionally high median wage, a ...

For the second-largest city in Arizona, Tucson in ways feels like the arty and quirky younger sibling of Phoenix. Located in Pima County which also governs, Tucson, also known as the Old ...

Located on the Eastern coast of Florida’s northern half, the city of Palm Coast, FL can pride itself with amazing beaches, great weather, amazing outdoor activities and a fair ...

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 ...

Did you know that USNews voted Stanton College Preparatory School in Jacksonville to be the 7th top-ranked Florida school? At the same time, the College achieved the 77th position in the ...

When you're moving to a new city, it’s only natural to be struck by a burning desire to know everything you possibly can about your potential new home. You’ll want to know what ...