Rational Motives

Character defines as a set of qualities that set apart a person, place, or object from others. When it comes to people, a character describes moral qualities and personality traits that ...

A legal procedure to sell a mortgage property to the highest bidder in order to satisfy a mortgage claim from a mortgagee against the value o the property. A foreclosure sale can occur from ...

A closed-end mortgage is a mortgage in which the collateralized property cannot be used as security for another loan. See also open-end mortgage for a better understanding of the ...

Additional utility an individual receives when purchasing an additional unit of a commodity or service. Represents a trade off between units of cost and unit of utility. For example, an ...

How many days, months, or years are required before a new building has the desired occupancy ratio. The occupancy rate influences the amount financial institutions are willing to lend. ...

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. ...

Individual: Adjusted gross income less itemized deductions and personal exemptions. After taxable income is computed, the tax to be paid can be determined by looking at the tax rate ...

Enhancement of a property's value even though the improvement is not on it. Lighting in the street would be an example. ...

An overall debt ratio is the percentage of your overall debt (housing payments plus any other long-term debt) to your monthly gross income. Lenders use this ratio-sometimes called the ...

One of the most important things whenever relocating to another area is to figure out if your finances will fit the expenses from the new location. When moving to Arlington, VA you have to ...

The quiet, sophisticated town of Bowie MD is nestled cozily between the US capital of Washington DC and Annapolis, Maryland. This town is known for many things, from its beautiful suburban ...

The one thing that everyone thinks of when it comes to Frisco, TX is sports. This lovely suburb of Dallas, TX, located only 30 min away, is where any sports fan can come to have it all in ...

Located approximately a 20-minute drive away from Savannah, GA, the suburban city of Pooler, Georgia is the western economical hub of Chatham county. With a population of around 24,000 ...

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. ...

Many coastline cities are known for their beautiful beaches, gorgeous homes, and the breathtaking landscape. The coastline of Florida is no exception and some of the most popular coastal ...

If you’re looking into relocating in the Sunshine State, why not go a step further and move in Sunshine City. Also known as St. Pete or The Burg - depends whether you’re talking ...