by Ethan Atkinson | Jan 20, 2026 | A-E, PropertyPedia, Real Estate
A band of investment is used in real estate valuation, most often used in commercial appraisal. A band of investment is a way to estimate how much return an investment property needs to generate for the investor by looking at how it is paid for. Most income-producing...
by Ethan Atkinson | Jan 20, 2026 | A-E, PropertyPedia
A lump sum payment made on a balloon note. This lump sum is the reason for the name “balloon” note, since this large, lump “balloon” sum is required to fully pay off the loan. Usually this payment is due at the end of the term of a note. In a balloon note, the...
by Ethan Atkinson | Jan 17, 2026 | A-E, PropertyPedia, Real Estate
A note calling for periodic payments which are insufficient to fully amortize the loan, so that a principal sum known as a balloon is due at maturity. A balloon note is a loan arrangement in which the borrower makes regular monthly payments—often based on a longer...
by Ethan Atkinson | Jan 17, 2026 | A-E, PropertyPedia, Real Estate
A secondary offer to buy property, used in case the first offer fails. A backup offer is an offer submitted on a property after the seller has already accepted another offer. It is designed to take effect only if the primary, accepted contract falls through. In...
by Ethan Atkinson | Jan 17, 2026 | A-E, PropertyPedia
A sudden and perceptible loss of land by the action of water as by a sudden change in the course of a river.
