Tag: housing

What are 'General Provisions' General provisions are balance sheet items representing funds set aside by a company as assets to pay for anticipated future losses....

What is a recession and how does it affect the average person A recession is a period of economic decline in which trade and investment...

What is tax exempt status Tax-exempt status is a designation given by the Internal Revenue Service (IRS) to organizations that meet certain criteria. To be...

By definition, a teaser loan, also called an adjustable rate mortgage loan, is where the interest is paid at a very low rate by...

DefinitionA tax credit is a tax incentive which allows certain taxpayers to subtract the amount of the credit they have accrued from the total...

What is 'Dated Date' The date at which interest begins to accrue on a fixed-income security. Investors who purchase a fixed-income security...

Home Ownership by Country Underwater Mortgage Underwater mortgage is a mortgage loan whose balance is higher than the fair market value of the home....

DefinitionA mortgage loan or, simply, mortgage is used either by purchasers of real property to raise funds to buy real estate, or alternatively by...

DefinitionReal estate investment clubs are clubs formed by individuals who want to invest specifically in real estate. Real Estate Investment Group What is...

DefinitionA concurrent estate or co-tenancy is a concept in property law which describes the various ways in which property is owned by more than...