Judicially determined minimum selling price for auctioned property. For example, a judge rules that a foreclosed home may be sold for less than $200,000,
Cash earnings generated from a real estate investment or property. Cash earnings equals cash revenue less cash expense. The cash earnings may or may not be discounted to its present value ...
Property taken over by the government because the owner has failed to pay taxes on it. The property may revert back to the owner when the taxes are paid. If not, the government may sell the ...
Fee a borrower is assessed for the right to make a loan payment before the due date. An example is the prepayment charge for paying-off a mortgage early. ...
The ability to pay is a self-explanatory term used in Real Estate to determine if the Home Buyer has the financial health to honor a deal.
Mortgage Lenders can't afford to lend out money ...
The meaning of a development impact fee or impact fee defines a one-time cost the local government imposes on a brand new or planned development project (regularly on a property developer.) ...
The county seat of Sarasota County is the city of Sarasota FL and it is located in Southwest Florida. Sarasota FL is considered by many to be a great place to live and there are a number of ...
So, you’re thinking of moving to Dallas TX. We don’t blame you! The city of Dallas has dozens of compelling incentives that might cause you to consider making your home there, ...
An overall debt ratio is the percentage of your overall debt (housing payments plus any other long-term debt) to your monthly gross income. Lenders use this ratio-sometimes called the ...
Are you wondering how to speed things up with your mortgage payment? Thinking how to build equity to your home”?
Well, by paying off your mortgage. The more you do, the more ...
The city of Alexandria, VA, is located south of Arlington, VA, and across the Potomac River from Washington D.C. That location brings along with it great expectations from the Alexandria ...
When you look at a city to consider relocating to, one of the most important things to search is whether it is an excellent place to live or not. Taking a look at San Antonio, Texas, the ...
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 ...
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