Intermediate - to long-term collateralized loan granted to a business by a commercial bank, insurance company, or commercial finance company such as to finance the purchase of real estate. The loan is amortized over a fixed period.
Loan requiring only interest payment until the last day of its term, at which time the full payment due.
Cash earnings generated from a real estate investment or property. Cash earnings equals cash revenue less cash expense. The cash earnings may or may not be discounted to its present value ...
Property taken over by the government because the owner has failed to pay taxes on it. The property may revert back to the owner when the taxes are paid. If not, the government may sell the ...
Fee a borrower is assessed for the right to make a loan payment before the due date. An example is the prepayment charge for paying-off a mortgage early. ...
The ability to pay is a self-explanatory term used in Real Estate to determine if the Home Buyer has the financial health to honor a deal.
Mortgage Lenders can't afford to lend out money ...
The meaning of a development impact fee or impact fee defines a one-time cost the local government imposes on a brand new or planned development project (regularly on a property developer.) ...
Conveniently located between Atlanta and the Blue Ridge Mountains, the city of Canton GA, offers scenic views of Etowah River and the foothills as well as plenty of great attractions. ...
When it comes to relocating, there are a lot of concerns you may have about the area to which you’re moving. You’ll probably want to know everything you can about the city, the ...
Across the world, we can see patterns that don’t correspond with what is applied in the US, so there is no universal way to define a town or a city. The population is just one of the ...
The perks and benefits of living in a world-famous tourist destination are unlimited, and many find it to be the ultimate lifestyle in terms of quality, luxury, and amenities. Miami is ...
Annapolis, MD is a beautiful city located on the Chesapeake Bay in Anne Arundel County. It has a population of about 40,000 people with a median age of about 37 years which makes it a good ...
Bentonville has recently come to national attention due to its situation in Northwestern Arkansas, one of the fastest growing areas in the United States. But what is the cost of living in ...
As the first city to ever be established in South Carolina it is safe to say that the city of Charleston has a rich history. Over the years it managed to become the largest city in ...
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