Circumstance where no people or contents occupy or are kept in a building for at least 60 consecutive days. The same stipulations apply to property coverages as found in unoccupancy.
The phrase cool by association is something that we are all familiar with as we probably encounter it during our daily lives. In real estate, this principle can be exemplified through the ...
Appreciation, or property appreciation in real estate is the increase in the value of a property or asset over time. This increase in value can be due to a number of factors; inflation, ...
Way to determine the capitalization rate of income property for valuation purposes by weighting the rate of interest and source of financing in percentage terms. ...
Legal lien on property on behalf of an individual who has not been paid for material furnished in constructing property. The material enhanced the value of the property, and as such the ...
Title deficiency that prevents a seller from successfully transferring property to a buyer. A title company may discover a title defect ( due to encumbrances against the property or failure ...
Written enumeration of the desired selling prices associated with homes or office buildings for sale. The prospective buyer can then determine if the properties for sale are within his ...
To put it simply, acquisitions are a common occurrence in the business world, and they happen to small, medium, and large businesses alike. The definition of acquisition is a company ...
Right of property owner to have his or her property used in satisfying a loan.
Written contract of court judgment placing a lien on a parcel of property as collateral for a loan. An ...
Located on the barrier island of South Carolina, the resort town of Hilton Head is one of Lowcountry’s most renowned tourist destinations. With a population of about 40,000 residents ...
An escrow officer - also known as a loan officer - is the person that walks you through the closing process. They are usually employed by the title company that you are working with. They ...
When you're moving to a new city, it’s only natural to be struck by a burning desire to know everything you possibly can about your potential new home. You’ll want to know what ...
The first thing that hits you as soon as you arrive in Savannah Georgia is the architectural beauty of the city. In fact, the city is so gorgeous that even during the civil war the city was ...
Yes, you can use two realtors® to sell your house. Actually, more than two. You can use how many you’d like.
It’s what is called an Open Listing. In it, the home seller ...
The city of Plano has seen an unprecedented amount of growth in the past several years. With jobs easily available and a cost of living lower than the Houston Astros’ standards when ...
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 ...
Being a resident in Fairfax VA comes with multiple advantages. You have the economic prosperity of the area, which is highly impacted by the universities and schools. Business opportunities ...
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