Unrealized Gain

One who has committed a tort. A tort is a civil wrong that occurs as a result of a breach of legal duty owed to someone, e.g., negligence. A tort does not arise from a breach of contract. ...

Looking for an amortization definition? Amortization is an accounting term that basically means something like “reducing the gap between what is owed”. Here’s the play by ...

Represents a means of appraising a building by simply multiplying its square foot cost by the total amount of square feet in the structure being evaluated. Two or more buildings may then be ...

Method of using the buyer's down payment on a home as an interest bearing collateralized account to help offset the mortgage amortization process. The home down payment is used to ...

Favorable occurrence providing a good chance for success, usually in financial terms. ...

(1) Payments made at the end of a time period. (2) Late or overdue payment. Payments which are in default. ...

The midpoint in a range of numbers. For example, the median (middle value) of a house in Nassau County on Long island in New York is $150,000. By using median values, a prospective buyer or ...

Value that a speculator believes an investment will reach at some point in the future. ...

Wondering what is the cash offer definition? Well, the cash offer definition is pretty much what it says, an offer made in cash. But aren’t all offers cash? No one buys a house ...

Cary is a town located in the heart of the Triangle Region in North Carolina, and it holds a population of about 170,000 people. The small city has experienced continuous growth over the ...

Considering that property depreciation is the phenomenon of an asset losing worth due to its use over time, home depreciation is not only common but inevitable. However, this is ...

The resort town of Hilton Head is located on the coast of South Carolina, and it is more commonly known as Hilton Head Island. With about 40,000 residents and a median age of 57, the city ...

A proration is the division of certain fees. If the sellers have paid the taxes six months in advance, for example, they may want a portion of that payment back for the months you are ...

If you’re thinking of moving to Estero FL, we don’t blame you. We’ve all been there! As a classy beach town with a long list of practical attributes that make it an ...

For families with children, there are a lot of important things to look for when seeking a city to call home. If you’re thinking of moving to the city of Houston, you’ll no ...

Central North Carolina is home to the Piedmont Triad region, where the city of High Point is located. With a population of 110,000 people and growing, the city extends into four counties, ...