Month: December 2007

Stands for covenants, conditions and restrictions. They are the rules by which a property owner in a condominium agrees to ...

Latin for "Let the buyer beware." Under this legal phrase, the buyer is expected to judge and evaluate property carefully ...

Stipulation in a contract that allows a buyer or seller to cancel the contract in the event of a certain ...

Business of a broker. Also, the amount charged for a broker's service.

Licensed individual who acts independently in conducting a real estate brokerage business; also a person who buys and sells for ...

Single mortgage that covers more than one real property, i.e. - a house plus the vacant lot next door.

Person authorized to act by and on behalf of another.

The most comprehensive insurance policy is guaranteed replacement cost coverage, which will pay to rebuild your home even if the ...

Like any investment, it can be risky. Location and current market conditions are extremely important when deciding whether to buy. ...

You most certainly can. During the most recent refinancing boom, for example, many homeowners refinanced their home loans two or ...