What Is A Negative Amortization?

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, ...

On most transactions, there is usually a listing agent and a selling agent. The selling agent is sometimes referred to as the buyer\'s agent, because he works on the buyer\'s behalf and it ...

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 front-end ratio is a ratio of the borrowers monthly housing expenses-including principal, interest, property taxes, and insurance (OITI)-compared to the borrowers gross, pretax monthly ...

“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 ...

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 ...

Hey, don’t feel ashamed for not knowing what is the difference between a real estate broker and a real estate agent. This is truly one of the most common real estate confusions out ...

Description of an area that is located at the outskirts of a city composed primarily of residential units. The city frequently provides employment, cultural activities, and other support ...

Person or business susceptible to loss on an investment, such as a high-risk speculation ...

Any commercially fabricated and widely available product designed for household and personal use. Consumer goods are available in an open market place and are competitively priced. ...

Insurance coverage to pay the balance of the mortgage if the wage earner dies. ...

Home inspector is the name the real estate industry calls the professional responsible for the close and thorough examination of a property. The home inspector usually is called upon ...

Structure of prefabricated units. ...

Alleged to be real or genuine. What appears to be such as a real estate agent's seeming authority to act on behalf of a principal. However, the agent may not in fact have real ...

Cancellation of a contract such as when a real estate agreement is deemed illegal. ...