What Is A Qualifying Ratio?

An index is an economic indicator used to set the rate for adjustable-rate mortgages. ...

You know what is the truest answer to “who can put a lien on your house”? Yourself. We’re not trying to be smart here; it’s the truth. Failing to pay up a ...

An easement is the right given by the landowner to use the property. ...

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

Wondering how to calculate the fair market value of a property? It helps if you understand that it’s all about an estimate; you’ll hardly bull’s-eye-it. Fair market ...

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. ...

Hazard insurance is insurance coverage that compensates for physical damage to a property from natural disasters such as fire or other hazards. ...

Is a beach house a good investment?, you ask us. No. A beach house is a GREAT investment. And there are a number of reasons for that. On the finance side, beach houses are a great ...

Wood strip (molding) at the bottom of a baseboard. ...

Board behind steps or stair going upward. ...

Place where real estate is situated. The geographic location of property affects its value. For example, real estate in a good neighborhood is worth more. ...

Unrealized gain in value of real property from holding it. The increase value is not recognized in the accounts. When the property is sold there will be a realized gain or loss. ...

Charges incurred in making a sale of real estate such as real estate commissions and attorney fees. ...

Legal competence of parties to be held responsible for the terms of a contract or to be brought into the courts. Those who are under the legal age, are mentally incompetent, or under the ...

See accommodation endorser, maker, or party. ...

Right of a party, the assignor, to allocate the benefits of certain insurance policies to a third party, the assignee. Insurance on real estate may assign the policy to protect the property ...