- Industry: Real estate
- Number of terms: 2794
- Number of blossaries: 0
- Company Profile:
Coldwell Banker is a large real estate franchise founded in 1906 in San Francisco. Coldwell Banker has an international presence, with offices on six continents, 46 countries and territories. There are more than 600 Coldwell Banker offices outside of the United States.
A traditional way of describing property, generally expressed in terms of distance from a known landmark or intersection, and then following the boundaries of the property back to its origin.
Industry:Real estate
The ratio of the amount a mortgagor still owes on a property to the amount of equity they have in the home. Equity is calculated at the fair-market value of the home, less any outstanding mortgage debt.
Industry:Real estate
A payment of less than the regular monthly amount. Usually, a lender will not accept partial payments.
Industry:Real estate
To be certified a broker must be a member of the National Association of Realtors, have five years experience as a licensed broker and have completed required Residential Division courses.
Industry:Real estate
The accumulated land in and around a city or other municipality which falls under the political and economic influence of that entity.
Industry:Real estate
The comparison of a buyer's housing costs to gross or net effective income.
Industry:Real estate
This cap places an annual limit on the amount that a monthly payment can increase. This feature is offered by some ARM lenders instead of an annual interest rate cap.
Industry:Real estate
A history of all of the documents transferring title to a parcel of real estate, beginning when it originally came from the government to a private owner, through the latest document transferring title.
Industry:Real estate
The legal right to exploit and enjoy the benefits of any minerals located below the surface of a parcel of land.
Industry:Real estate