Specific Performance

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. ...

Maryland is one of the US states with really low poverty rates, densely populated, and high standards of living. Being close to the capital of the US and having a prosperous economy is ...

You came in here looking to find out what happens when a property starts to depreciate but the truth is that the question comes from a false premise because not all properties depreciate. ...

The first time you set foot in Lakewood Ranch FL you are just amazed at how gorgeous this town is since the master-planned residential development that took place in 1994. This project ...

Florida is for many people one of the most desired places for a vacation and for good reasons. The state of Florida holds attractions that are unique in the country. The climate makes for ...

Fort Mill is a town located in the state of South Carolina as a suburb of the city of Charlotte. Right around the border of South to North Carolina, this city is also known as Fort Mill ...

If you are thinking of selling your house, any real estate investor or developer would suggest that you use one of the easiest techniques in order to increase its value in the eyes of any ...

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 ...

If you’re thinking of moving to Scottsdale, you probably have a lot of questions; what is there to do in Scottsdale? Is Scottsdale safe? What type of people live in Scottsdale? While ...