Value Before The Taking

Expenditure to make a specific security or real estate transaction. Real estate transaction costs include survey costs, mortgage points and origination fees, recording fees, state transfer ...

Mortgage-backed, pass-through securities that segregates mortgage pools into short, medium, and long-term. CMOs arose because GNMA or FHLMC mortgage-backed securities have uncertain time ...

When a real estate owner wants to know what their property tax liability is, they calculate the assessment ratio for their property. An assessment ration is a relationship between a real ...

Approach to determining a capitalization rate for use in valuating property so as to arrive at a suitable purchase price. To the risk free interest rate is added a risk premium to cover the ...

In legal terms, the definition of null and void (“void ab initio”) can describe an agreement that has no force or binding power. Therefore, it’s neither valid nor legally ...

A graduated payment mortgage (GMP) developed to overcome the negative amortization aspects of the GMP. The key to the FLIP mortgage is the use of the buyer's down payment. Instead of being ...

A unilateral contract is a contract where only one part holds responsibility for whatever the document promises. For instance, an insurance contract is usually a unilateral contract ...

Condition that affects the probability of losses or perils occurring. An example is possible earthquake or flood damage to a house. ...

If you’re looking for a big bustling city sprinkled with crime and wrangles on the streets then you should look elsewhere for you won’t find any of that in the city of Bonita ...

When you’re planning a move to a new city, there are a lot of things to research in advance. You’ll need to be in the know regarding crime rates, average home prices, the cost ...

The right of a property owner to have and enjoy all of the advantages of property ownership including airspace rights, mineral rights, riparian rights, and rights to alluvion, as well as ...

When you are imagining the ideal place to live, what is the first place that comes to mind? Would you see yourself living close to the breezy coastal beaches or are you more of a mountain ...

A limit on an adjustable-rate mortgage. ...

When you think of the city of Miami, what is the first thing that comes to mind? You are probably thinking of their world-class beaches, great year-round weather, and awesome coastal vibes. ...

Dallas is a city that holds around 1.3 million people and its prosperous economy has drawn a lot of people to the area. The beginning of Dallas’s economic prosperity started with the ...

Let's face it: living is getting more expensive by the day! Prices on everything from fuel to food to firewood are rising steadily, and it seems they won't stop any time soon. Pay rates are ...