What Is An Assessed Value?

A title search is the process of reviewing court records and other records to ensure that there are no liens or claims against the property you are buying. ...

A borrowers other debts, such as auto loans and credit cards, figured into the debt-to-income ratio. ...

A gift letter is when an individual gives you money for a down payment as a gift, that person must write you a gift letter so that it can be included in your loan documentation. ...

A gated community is a community of homes where you must pass through a security gate in order to enter the community. ...

A Good Faith Estimate is when a lender must give a prospective homebuyer a written estimate of closing costs within three days of submitting a mortgage loan application. ...

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

There’s been a lot of demand for QR codes for real estate signs as they became a fabulous way to go beyond the advertising nature of the traditional static “for sale” ...

People finance to obtain a new loan in order to pay off the existing mortgage or to gain access to the existing equity in the home. ...

Credit standard judging the borrowers historical record of paying loans, among other considerations of the credit worthiness of the borrower. See also five cs of credit. ...

A map that shows land elevations. ...

Also known as “cap rate” or “income yield”, Capitalization Rate is a useful way to compute the rate of return on a real estate investment. It is commonly used in the ...

A prefabricate house constructed in a factory with final assembly and erection on site. Because of economies of scale and modern factory production techniques, modular housing is ...

A leasehold estate that can be determined by the lesser or lessee at any time. ...

Claim or debt that may be recovered by instituting a lawsuit. ...

Legal record used to create a condominium. It encompasses the description of the property, common elements, ownership units, and acceptable uses of the residence. ...

Offering of new securities of a real estate company to the investing public, after registration requirements have been filed with the SEC. the securities are usually made available to the ...