An increase in land occurring from the withdrawal of a body of water. Normally, when
reliction occurs, the increase in land area belongs to the individual having water rights in the
area. ...
Buyer agrees to accept the responsibility for the existing mortgage. The seller is not relieved of the obligation unless the lender agrees to release it. Many lenders charge points and ...
Increase in the outstanding loan balance arising when the mortgage payment does not fully meet the interest charge on the loan. This occurs under indexed loans or when the indexed rate ...
A collection of packaged residential mortgage loans for sale in the secondary mortgage market to investors. Companies with mortgage pools expect to earn a short-term profit and use the ...
Office created by an organization in another location for the purpose of providing localized services. Is an integral part of the main organization, but may not have all of the resources ...
In the middle of South Carolina’s ocean shore is where you’ll find the city of Charleston. With a population of over 138,000 friendly residents, this city has been voted over ...
A penalty fee charged for paying off a mortgage early, thus allowing banks to still make money off of the loan in the event that you inherit a small fortune. Most loans these days do not ...
If we are talking about the state of Florida you could probably come up really quick with a couple of reasons why you would love to visit the state or live here. All know and praise the ...
As the name suggests, the city of Jacksonville Beach, FL is located on the east coast of Florida, minutes away from the city of Jacksonville, FL. These two are not the same city and ...
Every state has its own history and interesting facts that make your mouth drop to surprise, thinking that you never knew those things. For example, did you know that the state of Tennessee ...
This suburb-like city has been ranked one of the nation’s fastest-growing cities and it’s getting better every day. Whether you look at the growing IT industry or the highly ...
So, you’re thinking of moving for the first time to a condominium or an apartment. Well, there are some expenses that you might not have dealt with before. Cost of living and utility ...
A front-end ratio is a ratio of the borrowers monthly housing expenses-including principal, interest, property taxes, and insurance (OITI)-compared to the borrowers gross, pretax monthly ...
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