What Is A Cap?

Clermont is a city situated in Lake County, Florida with a population of about 36,000 people and it is part of the Orlando-Kissimmee-Sanford Metropolitan area. Clermont Florida has a ...

To answer this question, let’s analyze the real estate market of Scottsdale a little bit. You probably have already done some research yourself so let’s see if we reach the same ...

A lifetime rate cap is an adjustable-rate mortgage (ARM), this cap limits the amount the interest rate can increase or decrease over the life of a loan. ...

Bentonville is situated in the center of one of the fastest growing areas in the United States. Driven by the presence of some of the largest retail companies in the US, business is booming ...

Foreclosures are often financially devastating for those that fall victim to them. Far from the least of the problems that foreclosure will inevitably lead to is the negative impact on the ...

As one of the most beautiful cities in America, the city of Savannah, GA attracts travelers from all over the country every year. The amazing architectural style combined with the very ...

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 ...

Wondering how do real estate agents get paid? We’ve got to be honest here: some time ago that would be classified as a dumb question because it was kind of obvious. However, faster ...

The definition of a will is an individual's written statement of how he or she wants their property to be distributed upon death. There must be witnesses for the will to be enforceable. ...

(1) To periodically withdraw money during construction stages as defined in a construction loan. (2) To write out a check or money payment or draft. (3) To compose and write a document ...

Drawing for the entire structure or part of it that is detailed and in scale so that engineers and construction workers may readily follow it. ...

Geographic area that has been designated by local government to have historical importance. The municipality provides various incentives including tax breaks to rehabilitate and preserve ...

A clause inserted in a mortgage agreement requiring a future buyer of the subject property to obtain the consent of the lending institution prior to assuming the mortgage. In this ...

Lender has an equity interest in the property that is the subject of the loan. The lender shares in the increase in market price of the property as well as any net income generated. ...

Gift of real property as stipulated in a will. ...

Tax levied on real property. It is based on the land use categorization nature of improvements, fair market value, and the millage rate. Property taxes may be assessed by states, cities, ...