Underpinning

A method of purchasing real estate whereby a maximum amount of leverage is used. Normally the seller will finance the down payment necessary to acquire a mortgage. Thus, the purchaser is ...

Provision in a lease agreement allowing the landlord to raise the rental to take into account inflation, higher upkeep costs, and higher interest rates. An index may be used such as the ...

Self-employed contractor who may perform work on a structure such as residential or commercial property. ...

Payment received after the due date. A penalty and/or interest may be charged on such payment. For example, a bank may charge a penalty of $25 if a mortgage payment is received after the ...

Legal obligation to pay for a benefit received as if a contract has actually occurred. This may arise in a few cases so that an equitable situation occurs. An example is when a homeowner ...

Warm air heating system where ducts are located in the concrete slab of a building constructed without a basement. As the name implies, a perimeter heating system is located around the ...

Six-by-six mile square area of land designated by the intersection of range lines and township lines in the rectangular survey system. ...

Siding made out of aluminum, plastic derivates, or cement asbestos having ridges and valleys which is attached to the sides of buildings. ...

The meaning of appraised value is the evaluation of a property by a professional appraiser at the time of a mortgage origination process. The financing institution usually chooses the ...

Naples, Florida is a city that holds a population of about 22,000 people and it is one of the wealthiest coastline cities in the country. The beautiful sugar-white sand that covers the ...

Came here wondering if you need a permit to build a bunker? Of course you do. Come on, this is America; you need a permit to build anything! Especially a deep earth bunker, which might go ...

When you’re moving to a new city, it’s nice to know just what that city is known for. Every city has its claim to fame, after all. If the city you’re thinking of moving to ...

Most residential communities have a homeowner’s association (HOA) structure that ensures a well-maintained environment and deals with common maintenance issues. Typically if you are ...

Earlier this year, at the end of spring, home sellers listed their properties at a median price of $365,000 according to Norada Real Estate Investments. The median sale price, though, or ...

The city of Scottsdale is more than a place to live - it’s also a resort, a tourist destination. So, the job of the Scottsdale Police Department (SPD) is to ensure a fun and relaxed ...

The one thing that everyone thinks of when it comes to Frisco, TX is sports. This lovely suburb of Dallas, TX, located only 30 min away, is where any sports fan can come to have it all in ...