What Is A Buydown?

A housing ratio is the percentage of your housing payment (principal, interest, taxes, and insurance) to your monthly gross income. Lenders use this ratio to qualify you for a loan. ...

Not only can one convert a warehouse into a home, but many people have been doing just that. Converting a warehouse into a loft living space is actually kind of a trend which started ...

Are you worried about the constant speeding on your street and neighborhood and you wish to do something to stop it? Traffic calming is the name given to measure that seek to give an order ...

Nine out of ten Americans treat their pets like any other family member. Over 63 million dogs and 42 million cats are spoiled in our homes. But believe it or not, Scottsdale, Arizona has ...

Yes and no.The yes part of the answer is pretty standard; we’ve been covering it in the many many articles we put out on our real estate advice and tips page exposing the ...

Basement remodels add more beautiful living space and are usually treated like new construction. This means that it increases your home’s assessed value and therefore an increase in ...

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 ...

Are you confused because you can never tell what is the difference between an apartment and a flat? Don’t feel bad about it. Everyone has this doubt. And, to be honest, ...

Monies paid to use property, such as the use of natural resource extractions. The royalty payment is typically based upon some percentage of the income or fee for substances generated from ...

The right and duties of using and holding property. ...

Provision in a loan agreement where a debtor authorizes a judgment against him in the event of a default. These agreements are widely restricted, but when they are lawful, the creditor is ...

The ratio of rented space to the total amount of space available. For example, an 80 unit commercial office building currently has 60 units occupied. Therefore, the occupancy ratio is 60/80 ...

Form of lighting designed to have 90% to 100% of the emitted light directed upward so the principal illumination is reflected rather than direct. Indirect lighting is designed to have less ...

Borrower's right to redeem his property by immediately paying off the loan balance and any related costs. ...

When an Appraisal is done, its ultimate goal is to define a Market Value for that property. So, in short, market value is the value of a real estate property in a free competitive ...

Also called biannual; twice a year. An example is when lease payments are due January 1 and July 1. ...