With 236 sunny days in a year and no freezing temperatures, Clermont really deserves a closer look. And even though it is in the heart of Lake County, the risk of having your house flooded ...
Houston is the most populous metropolis in Texas and its population is continuously growing. Good job opportunities, housing prices and plenty of entertainment attract people from all ...
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 ...
“What states allow tiny houses?” – that’s a very simple question that yields a very complicated answer.And that’s because:
Building codes vary not only from ...
Equity is the financial interest or cash value of your home, minus the current loan balance(s). If selling the home, this would also be minus any costs incurred in selling the home.
If ...
A rate lock is a commitment issued by a lender to a homebuyer or to the mortgage broker guaranteeing a specific interest rate for a specified amount of time. ...
Bentonville has recently come to national attention due to its situation in Northwestern Arkansas, one of the fastest growing areas in the United States. But what is the cost of living in ...
An agreement by which the owner of property (the lender) and a borrower agree to let the borrower use the property for a particular time period and in return the borrower will pay the ...
Deliberately and voluntarily giving up or delaying a claim or right arising from
a contractual agreement or surrounding circumstances. An example is when a lender waives his right to ...
Expected selling price of property less costs to sell. It is the net amount received upon the sale of property.
gross receivables less allowance for doubtful accounts, representing the ...
Also called price control or rental control. A controlled or administered price that is set for property by a federal or local agency typically in extraordinary circumstances. ...
The definition of Hypothecation in real estate is the use of one’s belongings as collateral for a loan. This practice assures the lender that, whether the borrower is able to pay or ...
Have a question or comment?
We're here to help.