Volatile Market | Real Estate Glossary

Definition of "Volatile market"

Tom Rabeno

Palm West Home Realty

Real estate market characterized by sudden and unpredictable short-term price movements.

number of serious injuries per 1,000,000 employee-hours worked. ...

Coverage for the perils of burglary, theft, and robbery. ...

Same as term Annuity: contract sold by insurance companies that pays a monthly (or quarterly, semian ...

Additional tax liability that the IRS deems to be owed by a taxpayer. A taxpayer can argue the corr ...

Buildup of the value of property. It is an inflated opinion of value by a seller, not a representati ...

Flat dollar amount added to arrive (premium rate per $1000 of face amount x face amount) at the prem ...

A FHA mortgage is when the government guarantees Federal Housing Authority loans. You can put down a ...

Fannie Mae is a name used by the Federal National Mortgage Association, which is a government-charte ...

A fixed-rate mortgage is a type of mortgage in which the interest rate is fixed for the life of the ...

A commitment letter is a formal offer of a loan by a lender. The letter states the terms under which ...

A person authorized to work on anothers behalf-for instance, a person authorized to sell or buy a ho ...

When a property depreciates it declines in the value of the property due to poor location, dilapidat ...

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