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House in Salinas, California under foreclosure, following the bursting of the U.S. real estate bubble. The 30-year mortgage rates increased by more than a half a percentage point to 6.74 percent during May–June 2007, [ 78 ] affecting borrowers with the best credit just as a crackdown in subprime lending standards limits the pool of qualified ...
WAULT, short for weighted average unexpired lease term, is a measurement used in commercial real estate to quickly judge the value of contracted rents in a property, or more commonly, a portfolio of properties.
Traditional opponents of APFO legislation include industries affected by moratoria or fees, including realtors, developers, and some Smart Growth advocates. [10] Home costs for some locations that have enacted APFO have experienced increases in housing prices affecting affordable housing, in conjunction with positive effects of relief from school capacity shortcomings.
Property management is the operation, control, maintenance, and oversight of real estate and physical property. This can include residential, commercial, and land real estate. Management indicates the need for real estate to be cared for and monitored, with accountability for and attention to its useful life and condition.
Once an instrument affecting the title to real estate has been recorded, the law holds that everyone is deemed to know of its existence, even if they have not searched the records in the recorder's office. This is the doctrine of "constructive notice" and it is nearly universal in the various states of the U.S. So, for example, after a deed or ...
They Save Early and Consistently Above-average couples start saving aggressively in their 20s. They take full advantage of compounding interest by giving their money decades to grow.
If the heir was under age the king kept the lands until he or she came of age (at 21 for men or 14 for women) and the king received rights of wardship and marriage, collecting the revenues of the estate and disposing of the heir in marriage. He was able to sell these rights to third parties, who were not necessarily the ward's next of kin.
Business journalist Kimberly Amadeo reports: "The first signs of decline in residential real estate occurred in 2006. Three years later, commercial real estate started feeling the effects. [36] Denice A. Gierach, a real estate attorney and CPA, wrote: most of the commercial real estate loans were good loans destroyed by a really bad economy.