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 ...
Do you wish to live and thrive in a compelling metropolitan area but also feel like you’re on a beach holiday every day? In short, this is one of the many advantages of moving to ...
When it comes to the real estate market, for real estate professionals, it is evident that first impressions matter more than if your agent commission is 0%. No one gets to know your ...
Glen Burnie MD is a suburb of Baltimore MD situated just 13 miles away, with a lovely community and plenty of things to do. This CDP situated in Anne Arundel County might not seem like much ...
Living in a suburban area of a big city can be quite beneficial for many people. You don’t have to deal with the crowds and the noises of the city, and you can find some lovely ...
Nestled in a quiet crook of Florida’s southwestern coastline, the city of Venice FL is every home buyer’s dream. With gorgeous gulf vistas, quiet city streets, and a plethora of ...
The city of Bowie, Maryland is today the largest municipality in Prince George’s County and it all started with a small railroad stop. With a population of about 60,000 people, ...
Located on the Gulf Coast, right around the middle of Florida’s western shore, Tampa is slowly but surely becoming one of the best cities in the state and country. The growth in job ...
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