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 ...
You probably know Clermont for its proximity to Orlando, its gorgeous parks and scintillating nightlife, and its large community of migratory retirees known as snowbirds. However, none of ...
Every client is important no matter how big or small is a business. But selling real estate is somewhat different than selling doughnuts or hot dogs. Houses are most likely the most ...
There are a lot of reasons you might be thinking of making the city of Ashburn Virginia your home. The community of Ashburn VA has low crime rates, an exceptionally high median wage, a ...
The capital of the nation. The home of the three branches of government. With Virginia and Maryland framing its borders, the city of Washington D.C. is home to over 700,000 people. With a ...
When you strip away all of the different competing outlooks and worldviews held by the various demographics across the country, one thing remains consistent: America runs on money. This ...
Central North Carolina is home to the Piedmont Triad region, where the city of High Point is located. With a population of 110,000 people and growing, the city extends into four counties, ...
For those seeking a new place to live in the state of Florida, the city of Jacksonville Beach is a strong contender. The city has a rich and storied history, a progressive, forward ...
Fort Mill is a city in South Carolina that is located in York County. Fort Mill is about 19 miles south of downtown Charlotte, and about 8 miles south of Rock Hill. With a population of ...
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