by Ethan Atkinson | Feb 4, 2026 | A-E, PropertyPedia, Real Estate
In real estate finance, Escalation refers to a lender’s reserved right to increase loan payments, the interest rate, or both if a specified event occurs. These events are defined in the loan agreement and may include changes in market interest rates, increases in...
by Ethan Atkinson | Feb 4, 2026 | A-E, PropertyPedia, Real Estate
In real estate, Erosion refers to the gradual wearing away or loss of land caused by natural forces such as water, wind, or glacial ice. This process can occur along coastlines, riverbanks, lakeshores, or open land exposed to the elements. Erosion can reduce the size,...
by Ethan Atkinson | Feb 4, 2026 | A-E, PropertyPedia, Real Estate
In real estate law, Equity of Redemption is the right of a borrower to reclaim property that is in foreclosure by paying the full amount owed, including principal, interest, and allowable costs. This right exists during the foreclosure process and, in some...
by Ethan Atkinson | Feb 4, 2026 | A-E, PropertyPedia, Real Estate
In real estate finance, an Equity Loan is a loan that is secured by the borrower’s equity in a property. The amount that can be borrowed is based on the difference between the property’s current market value and the outstanding balances of any existing loans secured...
by Ethan Atkinson | Feb 4, 2026 | A-E, PropertyPedia, Real Estate
In real estate, Equity is the value of an owner’s financial interest in a property, calculated as the property’s current market value minus the total of all outstanding loan balances secured by the property. It represents the portion of the property that the owner...
