Title Defect

Factor in real estate appraisal. A type of physical depreciation owing the lack of normal upkeep, such as broken glass and doors and discolored paint that negatively impacts the value of ...

Individual renting a residential or office unit. ...

An obligation of the owner of property that is recorded with his permission such as a mortgage. Encumbrance on property without being objected to by the owner. ...

Ask Price is the initial listed price for a piece of real estate.It’s important to understand that, in the real estate world, there’s no such thing as a fixed price when buying ...

Representative house, apartment, or cooperative used as a sales tool to show how the actual unit bought will probably appear in design and construction. An example is a model apartment. ...

Extra compensation given to a real estate broker who has surpassed his sales quota (e.g., number of house sold, total sales dollars of houses sold, number of apartments rented, square ...

Judicial proceeding against the person rather than against the person's property. Seeks to have the individual perform the terms of a contract, provide a service, or repair a loss. In ...

Unexpected increase in the price of property not due to any effort on the owner's part. An example is when the appraised value of a house increases because of a population increase in the ...

Bentonville Arkansas is a sunny little town in northwestern Arkansas. Nestled in the center of Benton county, Bentonville is in one of the fastest-growing areas in the United States. Why is ...

A subagent is an agent who works with you to purchase a house but is paid by the seller. ...

Jobs in the Champion city are not scarce. The vast majority of the population, though, are white-collar workers, either working in IT or managing their own business. But Clermont has its ...

Fairfax city is located in northern Virginia, and even though it is well placed inside the borders of Fairfax county, it is an independent city. Fairfax city is part of the ...

Alexandria ranks as one of the most desirable places to live and there are a few aspects that persuade people to move here. The scenic Potomac River and the historic Old Town Alexandria are ...

A type of financing in which a developer or seller arranges for the buyer to get a loan at a rate below the current market rate. The developer or seller pays interest costs in order to ...

Developed by a successful management consultant in the ‘60s named Albert S. Humphery, the SWOT analysis is still in use today at management level. It starts with a goal in mind, a ...

A negative amortization is a type of loan situation that occurs when the monthly payments do not cover the principal or interest. Instead of declining, the balance of the loan actually ...