Term

a rental in which the lessor pays all operating costs such as taxes, utilities, insurance, and maintenance. It is usually a short-term lease and a common arrangement. Typically there is no ...

There’s no mystery. The actual age of a property is the chronological age of a property. Say a house was built two decades ago. That house’s actual age is 20 years old.The ...

Same as term loan origination fee: The lender's charge to the borrower for administrative work when preparing the mortgage including credit checks, appraisal, and title expenses. For ...

Subsoil that is beneath the A horizon and above the C horizon of the earth. ...

Tax deduction for interest paid or accrued within the taxable year with respect to mortgage indebtedness. Interest is deductible on mortgages secured by principal and second homes. A ...

Statement made by a person that is not in writing. An example is an oral representation made by a real estate broker to a prospective buyer of property. ...

(1) Written statement by a responsible individual or entity of the correctness and reliability of something. (2) Written permission to do something, such as receiving a real estate ...

Approval given by a local municipality to construct a particular structure at a specific location. The permit may contain certain provisions that require builder compliance. ...

Charlotte in North Carolina has the largest population in the state. According to the 2021 census, approximately 2,132,000 residents were living in Charlotte’s current metro area. In ...

A home purchase is never an easy decision to make, especially since a lot of money is being invested. During the home buying process, the location plays a crucial part that influences the ...

Located in Pinellas County on Florida’s Gulf Coast, the city of St. Petersburg is also known as The Sunshine City and it can be a great place to live. This isn’t only because of ...

If you are concerned about finding a good place to live in North Carolina, we might have what you are looking for. Many cities have a promising job and housing market, but none of them are ...

Wondering how do real estate agents get paid? We’ve got to be honest here: some time ago that would be classified as a dumb question because it was kind of obvious. However, faster ...

If you were ever involved in a real estate transaction, you probably had to work with a real estate agent in one way or another. It is possible to work on your own and not involve any real ...

Many millennials, as well as families, choose to take up residence in this large city from North Carolina that somehow manages to still feel like a small town. A major reason for this is ...

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 ...