Utility

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 plan to stay forever in a certain place, buying is better than renting. Banks and mortgage brokers offer such a huge variety of loans that it is almost impossible not to find ...

This question might have crossed your mind while planning for retirement, or... after inheriting your aunt’s under-the-mattress savings. You spread your wings ready to fly to the ...

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 ...

If you go south of Washington D.C. right by the Potomac River you’ll find the unincorporated census-designated area of Fort Washington, MD. With over 24,000 residents, Fort ...

If you’re thinking of buying a home in Bowie MD, we don’t blame you; this city has a lot to offer! With a high median household income, thriving real estate market and lucrative ...

Upper Marlboro is a town located in Prince George’s County, Maryland and it is also the county seat. It is an area that covers just 0.4 square miles of land with about 700 people, but ...

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When you hear someone referring to a real estate agent type as a “general agent”, it might seem that someone is calling that agent “basic”, common. Right? But the ...