Market in which the spreads between the asking and offer price of real estate are small. The property may be in abundant supply and actively traded. ...
A judicially approved plan in which a persons obligations are paid over three years. It is an arrangement for the repayment of debts which permits a credit user in severe financial straits ...
Mortgage where the lender pays a borrower a fixed monthly payment
based on the value of the property. It allows the borrower to receive monthly receipts against the
equity in his or her ...
Judicial action to establish property ownership. In a quiet action, adverse claimants are required to state their claims or be forever stopped from any future title claim. The basic ...
A fully amortized mortgage necessitating periodic payments of both interest and principal. In the early years of the loan, the share of principal is smaller and the interest larger, a ...
Language commonly used in a fee simple title conveyance. The significance is whether the title is clear and can be passed on to the purchaser's estate including all heirs and those who may ...
Basis for the valuation of property acquired from a decedent for tax purposes. The unified transfer tax in 1976 provides for the valuation of property to be the adjusted basis immediately ...
For a city located in Southern North Carolina, on the border with South Carolina, Charlotte has an amazing history that combines the charm from the southern past with the eclectic nuances ...
Annapolis, MD is a beautiful city located on the Chesapeake Bay in Anne Arundel County. It has a population of about 40,000 people with a median age of about 37 years which makes it a good ...
Whether you are a hardworking blue collar tradesman or a wealthy white collar banker, when you’re buying a house, there’s one thing on your mind: how much is it going to cost ...
If you go south of Washington D.C, following the Potomac River on the left side of the capital, you'll find Fort Washington, MD. This is a city built around an actual fort. It was, ...
The small suburban city of Pooler, Georgia is located 20 minutes away from its much larger Georgian sibling of Savannah. Its close proximity to this economical hub influenced Pooler’s ...
When searching for a new place to live, there are few things that are likely to concern someone more than safety. How many crimes are committed yearly, per capita? What demographics are ...
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