Reciprocity

An agreement by which the owner of property (the lender) and a borrower agree to let the borrower use the property for a particular time period and in return the borrower will pay the ...

Deliberately and voluntarily giving up or delaying a claim or right arising from a contractual agreement or surrounding circumstances. An example is when a lender waives his right to ...

Expected selling price of property less costs to sell. It is the net amount received upon the sale of property. gross receivables less allowance for doubtful accounts, representing the ...

Also called price control or rental control. A controlled or administered price that is set for property by a federal or local agency typically in extraordinary circumstances. ...

Visible area that can be readily seen by outside traffic. This is particularly important for a commercial business. ...

Legal claim with enough basis in fact to have a lawsuit. ...

The definition of Hypothecation in real estate is the use of one’s belongings as collateral for a loan. This practice assures the lender that, whether the borrower is able to pay or ...

Board used when connected as a floor. It may also be used as a strip in a wall or door. ...

Boca Raton is a beautiful city in southern Florida that draws thousands of tourists each year with its beautiful sunny beaches and relaxed beach town feeling. But Boca Raton draws more than ...

A front-end ratio is a ratio of the borrowers monthly housing expenses-including principal, interest, property taxes, and insurance (OITI)-compared to the borrowers gross, pretax monthly ...

When you have decided to sell a house, it is an important step and selling for the right price is crucial in order to make the most out of it. While most people hire a professional ...

All the REALTORS® in Scottsdale are aware of the hot real estate market they are working in. With a median house price of $478,200, anything that comes on the market below this price ...

So you’re thinking of moving to Boca Raton. We’ve all been there. Whether it’s within your price range or not, Boca Raton is a gorgeous city and you can’t blame ...

The city of Foley, AL is a town in south Alabama, the last stop before the shore of the Gulf of Mexico and a destination for students during spring break as well as families and retirees. ...

A gift letter is when an individual gives you money for a down payment as a gift, that person must write you a gift letter so that it can be included in your loan documentation. ...

If you’re asking this question, chances are you have at least a little experience in real estate investing. Maybe you don’t have any real world experience, but you’re ...