What Is A Qualifying Ratio?

You might have come across this term more often over the last few years when you shop. With environmental awareness on the rise in today’s society, it might become confusing to ...

You might be asking yourself, what is Raleigh NC? Raleigh is the county seat of Wake County and the capital city of North Carolina. Raleigh NC is a city that covers an area of 143 square ...

Whether you are a hardworking blue collar tradesman or a wealthy white collar banker, when you’re buying a house, there’s one thing on your mind: how much is it going to cost ...

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 ...

If you’re thinking of moving from your current home, you’re no doubt weighing your available options in an effort to make the best decision. If McKinney is one the cities on ...

When searching for a new place to live, there are few things that are likely to concern someone more than safety. How many crimes are committed yearly, per capita? What demographics are ...

Located within the Research Triangle, the town of Cary NC is regarded as one of the best small cities in North Carolina. Thanks to its strong economy, thriving job market, top education, ...

When you are prequalified, the lender gives you an estimate but does not formally commit to giving you a loan. ...

Cash earnings generated from a real estate investment or property. Cash earnings equals cash revenue less cash expense. The cash earnings may or may not be discounted to its present value ...

Property taken over by the government because the owner has failed to pay taxes on it. The property may revert back to the owner when the taxes are paid. If not, the government may sell the ...

A rental contact in which the tenant's rental is tied to a change in the price level, such as the Gross National Price Deflator. ...

Fee a borrower is assessed for the right to make a loan payment before the due date. An example is the prepayment charge for paying-off a mortgage early. ...

The ability to pay is a self-explanatory term used in Real Estate to determine if the Home Buyer has the financial health to honor a deal. Mortgage Lenders can't afford to lend out money ...

Clay-baked, glazed piping that is not damage by water. It is often used in underground drainage. ...

Appraisal method that examines current and future economic conditions in a particular location to help in deriving property values ...

The meaning of a development impact fee or impact fee defines a one-time cost the local government imposes on a brand new or planned development project (regularly on a property developer.) ...