What Is A Buydown?

An opinion of a properties fair market value, based on an appraisers inspection and analysis of the property. ...

A negative amortization is a type of loan situation that occurs when the monthly payments do not cover the principal or interest. Instead of declining, the balance of the loan actually ...

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 ...

A type of financing in which a developer or seller arranges for the buyer to get a loan at a rate below the current market rate. The developer or seller pays interest costs in order to ...

Are you wondering what is the difference between being prequalified and preapproved for a loan? Do you always get confused because they seem pretty much the same thing, right? But there is ...

You’re researching your options regarding a homeowner’s insurance policy and you’re wondering which to get; there are so many! Then, your real estate agent, a great ...

Developed by a successful management consultant in the ‘60s named Albert S. Humphery, the SWOT analysis is still in use today at management level. It starts with a goal in mind, a ...

Everyone in your family thinks they know how to take pictures to sell your house, right? They say you shouldn’t spend money hiring a professional photographer since you are already ...

Eight-by-four sheet of material attached to a wall's studs. It can be made attractive by wallpapering or painting. ...

(1) Reconciling the records to show agreement. (2) Agreement of the records to physical amounts. ...

Certificate issued by the government showing evidence that the veteran is qualified and the amount of guarantee available to maintain a VA loan. It is one of the documents necessary to ...

Physical record card where the date of the last assessment valuation and its results, as well as a property description are kept. ...

Right to peaceful enjoyment of property while the legal title is held by one person and the property is used by another. ...

An apartment ownership method in an apartment complex with stock in a corporation. Each owner has a lease on an apartment, but does not have outright ownership as in a condominium. Since ...

Something that is illegal. An example is an unenforceable debt because it has exceeded the statute of limitations. ...

Window designed in an alcove extending outside the structure. A bay window makes the home look more attractive and adds light, as well as providing a better view. ...