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 feel a peculiar fascination with Lone Star State? And now you’d like to explore your chances to live in one of the best places in Texas? What other city can be more suitable ...
Have you ever asked what the suburb of Franklin TN has offer? If you ever asked yourself this question, we are here to provide an answer. Franklin TN is a town in Tennessee located in ...
Undoubtedly, the 21st century has turned increasingly eco-conscious. Nowadays, many consumers prefer purchasing green and environmentally-friendly products even at a higher price.
A ...
Conceived in 1944, the VA loan program is one of the oldest facilities offered to veterans and service members. This type of loan is guaranteed by the United States Department of Veterans ...
The state of Maryland is rich in providing its residents with a variety in terms of climate, surroundings, and environment. Having both large cities with an urban feel to them as well as ...
You may be interested in making real estate your full-time job, but you may need to be in a position to do so.
Try real estate as a side business and see where it leads you before ...
If you live in the United States and you’ve planned a vacation any time in the past, well… forever, there’s a good chance you’ve heard of Orlando FL. Often referred ...
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