- Industria: 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.
The amount of time that has passed since a building or other structure was built. See also: EFFECTIVE AGE
Industry:Real estate
Any mortgage insured by a government agency, such as the FHA or VA.
Industry:Real estate
This may be required by the title company to insure that the house is properly situated on the property.
Industry:Real estate
Known as "Ginnie Mae", a governmental part of the secondary market that deals primarily with recycling VA and FHA mortgages, particularly those that are highly leveraged.
Industry:Real estate
The method whereby a home owner develops equity in a property, either during the purchase or throughout its life, by personally constructing improvements rather than paying to have them built.
Industry:Real estate
An addition to the contract that must be signed by both parties to be binding.
Industry:Real estate
A mortgage with an interest rate that changes periodically, according to an index that is selected when the mortgage is issued. The initial interest rate is lower than that of fixed-rate mortgages, but monthly payments can go up or down as the rate is adjusted.
Industry:Real estate
