by Ethan Atkinson | Oct 11, 2026 | K-O, PropertyPedia
Objectively ascertainable compensation means a payment amount that may not be known yet, but you know exactly how it will be calculated. For example, a 5% commission on next month’s sales is an amount that will be objectively determined, even though the exact...
by Ethan Atkinson | Sep 30, 2026 | F-J, PropertyPedia, Real Estate
Though it sounds wild, a state supreme court officially ruled in 1989 that a house was haunted. The judge’s exact words were “As a matter of law, the house is haunted.” This is still the final ruling on this case, and it opened up decades of legally...
by Ethan Atkinson | Sep 29, 2026 | F-J, PropertyPedia
HER and OER (Housing Expense Ratio and Overall Expense Ratio) are ratios used by mortgage lenders to evaluate whether a borrower can reasonably afford a proposed mortgage loan. The Housing Expense Ratio (HER) compares the borrower’s expected monthly housing expenses...
by Ethan Atkinson | Sep 29, 2026 | K-O, PropertyPedia
Mezzanine debt sounds a bit fancy, but it really is a less secure form of debt. Mezzanine debt is a form of financing that sits between senior mortgage debt and the property owner’s equity in the capital structure of a real estate investment. It is generally used when...
by Ethan Atkinson | Sep 28, 2026 | A-E, PropertyPedia
If you think an A-paper loan sounds like a good bet, you’re right. An A-paper loan, also called an A-credit loan or prime loan, is a mortgage made to a borrower who meets a lender’s highest or near-highest credit standards. A-paper borrowers generally have...
