Urban Economics

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. ...

If you are thinking of selling your house, any real estate investor or developer would suggest that you use one of the easiest techniques in order to increase its value in the eyes of any ...

As one of the best-kept secrets in North Carolina, Hampstead manages to attract more and more residents and visitors every year. Its location between Wilmington and Jacksonville, both big ...

Of all the things you’ll probably wonder about when moving to a new city, the one at the top of the list will likely be its safety. Whether you have a family or not, keeping yourself ...

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 ...

With its strategic position in the center of one of the fastest-growing regions in the United States. Northwestern Arkansas is home to three of the largest retail companies in the country, ...

A qualifying ratio is the percentages a lender compares to see whether you qualify for a loan. ...

Succeeding as a real estate agent is not an easy task and you might get lost along the way if you don’t continuously strive to become better. If you just started pursuing a real ...

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 ...