Toll

Immediate convertibility of assets into cash without loss. Many types of real property are illiquid. ...

Geographic location where a court action and trial takes place. The legal proceedings should occur in the place where jurisdiction applies. A "change of venue" may occur in a criminal ...

Insurance contract providing coverage for risks primarily associated with negligence and acts of omission associated with third-party injuries or property losses. Property and casualty ...

Legal document that conveys real estate to the lender after the borrower defaults on his or her mortgage payments. The borrower should demand cancellation of the unpaid balance and a ...

A real estate contract whose terms have been completely satisfied. ...

Green lumber is not necessarily a lumber that’s green; though it might, sometimes, be a little greenish. And it’s also not a definition of an environmentally conscious type of ...

Incapable of performing duties because of a lack of knowledge and training. The individual may not possess the qualifications and credentials. For example, a prospective buyer of real ...

Accounting statement at the settlement of a real estate transaction that shows each item charged or credited, to whom, and for how much. ...

Houston, Texas is a big city with a population of over 2 million and this metropolis provides housing and entertainment for anybody, no matter who you are and whats your social status, ...

When you are prequalified, the lender gives you an estimate but does not formally commit to giving you a loan. ...

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To figure out where you stand on the debt-to-income ratio, you must first understand the meaning of the figure. Most lenders use the ratio 28/36. The first number, which is also referred ...

A lock in guarantees a certain interest rate for a certain period of time. ...

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 ...

While we do refer to it as we usually refer to cities, Arlington, Virginia, is not a city. There are many who think it should as it feels, acts and looks like one, but still, Arlington is a ...

Having the opportunity to live in a small but vibrant city is probably one of the things that most people strive for. Firstly, you get away from the crowded metropolitan areas and the ...