Utility Room

An agreement by which the owner of property (the lender) and a borrower agree to let the borrower use the property for a particular time period and in return the borrower will pay the ...

Deliberately and voluntarily giving up or delaying a claim or right arising from a contractual agreement or surrounding circumstances. An example is when a lender waives his right to ...

Expected selling price of property less costs to sell. It is the net amount received upon the sale of property. gross receivables less allowance for doubtful accounts, representing the ...

Also called price control or rental control. A controlled or administered price that is set for property by a federal or local agency typically in extraordinary circumstances. ...

Visible area that can be readily seen by outside traffic. This is particularly important for a commercial business. ...

Legal claim with enough basis in fact to have a lawsuit. ...

The definition of Hypothecation in real estate is the use of one’s belongings as collateral for a loan. This practice assures the lender that, whether the borrower is able to pay or ...

Board used when connected as a floor. It may also be used as a strip in a wall or door. ...

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 ...

Gulf Shores is a beautiful coastline city located in the southmost part of Alabama. With white sandy beaches and green-blue waters, the breathtaking views of Gulf Shores make it one of the ...

Developed by a successful management consultant in the ‘60s named Albert S. Humphery, the SWOT analysis is still in use today at management level. It starts with a goal in mind, a ...

Clermont Florida is well known for its beautiful suburban neighborhoods and its high population of “snowbirds”, wealthy retirees from the northern US who spend their winters in ...

An index is an economic indicator used to set the rate for adjustable-rate mortgages. ...

Fort Mill is a city located in York County, in the northern part of South Carolina. This city has a population of about 17,000 people and it is well-positioned in the proximity of Rock Hill ...

Equity is the financial interest or cash value of your home, minus the current loan balance(s). If selling the home, this would also be minus any costs incurred in selling the home. If ...

This suburb-like city has been ranked one of the nation’s fastest-growing cities and it’s getting better every day. Whether you look at the growing IT industry or the highly ...