Special Assessment

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 ...

Condition that affects the probability of losses or perils occurring. An example is possible earthquake or flood damage to a house. ...

Located on Florida’s Gulf Coast, Tampa is a complex and elaborate city. It’s not easy to determine one or two things that the city is known for across the country. Considering ...

Any structure that was ever built on land had to first be evaluated by a land surveyor through a survey. If you are wondering, what is surveying, then you should know that surveying is a ...

San Antonio, Texas has rapidly grown in the past few years. There is no surprise that between 2000 and 2010 it was declared the fastest-growing city in the United States. With a ...

The city of Boca Raton, Florida, has a rich history, from the Spanish who occasionally used the location for its accessibility by ships to the early settlers and the modern times, plenty of ...

Earlier this year, at the end of spring, home sellers listed their properties at a median price of $365,000 according to Norada Real Estate Investments. The median sale price, though, or ...

There are a lot of reasons you might be thinking of moving to Estero FL. Maybe it’s the low crime rates that make you feel safe and secure when thinking of living here. Maybe ...

If you’re looking for information about the state of the housing market in Fort Myers, Florida, then you’ve come to the right place. Here you will find data both about the ...

Regarding the best places to thrive and retire in the United States, Virginia ranks as one of the top five contenders.  Why is Virginia such a popular relocation destination? The ...