Relocation Network

A written agreement between institutional investors to buy or sell ownership shares in mortgages. An institution such as a bank can agree to buy a certain number of shares in a single or ...

Map within a governmental jurisdiction showing the boundary lines and ownership of all real property. A cadastral program produces the cadastral map. ...

Pledge of personal property, e.g., furniture, as collateral for a note. If the debt is not paid, the holder of the mortgage will receive the mortgaged property. See also mortgage. ...

The term assessed value is used to define the dollar value of a property for the applicable taxes. The evaluator, a tax assessor, determines the property’s assessed value for tax ...

A situation that occurs when borrowed funds cost more than they produce. ...

A minimum amount a lender is willing to provide on a commercial loan for a building designed to be tenant occupied. A floor loan is progressively funded as the building moves from the ...

The Real Estate Settlement Procedure Act (RESPA) is a piece of law passed by the US Congress in 1974 to protect homebuyers and home sellers against bad settlement practices. The Real ...

Charge assessed a mortgagor by the mortgagee when assuming a pre-existing mortgage. The assumption fee is often included in the closing costs when purchasing property. ...

Located on the east coast of Florida, the city of Melbourne lies on the banks of the Indian River. This river separates the city from the Atlantic Ocean and a thin strip of land works as a ...

Canton GA can be described as a self-sufficient city where you don’t feel enclosed by traffic and crowds, but at the same time, you don’t have to worry about driving to larger ...

A negative amortization is a type of loan situation that occurs when the monthly payments do not cover the principal or interest. Instead of declining, the balance of the loan actually ...

If you’re here, chances are you’re interested in buying a home in Houston. You’ve probably looked at volumes of relevant info, from crime rates to job opportunities, and ...

If you’re thinking of buying a home in the city of Bowie MD, you may have a burning question on your mind: what cities are in the immediate vicinity of this mid sized town? There are ...

A home purchase is never an easy decision to make, especially since a lot of money is being invested. During the home buying process, the location plays a crucial part that influences the ...

Located in North Carolina, the town of Cary has a population of about 170,000 people, and it is known to be one of the hottest small cities in the East. The city is continually growing, and ...

You might be asking yourself, what is Raleigh NC? Raleigh is the county seat of Wake County and the capital city of North Carolina. Raleigh NC is a city that covers an area of 143 square ...