LATEST STORIES

Mortgagor

In real estate finance, a mortgagor is the party that borrows money and grants a mortgage on real property as security for the loan. The mortgagor pledges the property to the lender while retaining possession and use of it. The mortgagor is obligated to repay the loan...

Mortgage

In real estate finance, a mortgage is the legal instrument by which real property is pledged, or...

Month-to-month Tenancy

In real estate, a month-to-month tenancy is a rental arrangement in which the tenant occupies the...

Mini-Perm Loan

A mini-perm loan is a medium-term financing instrument used to bridge the gap between short-term construction or acquisition financing and long-term permanent financing. Typically lasting between three and ten years, a mini-perm loan allows a property owner or...

ARV (After-Repair Value)

After-repair value (ARV) is a real estate valuation concept used to estimate the market value of a property after planned renovations, repairs, or improvements have been completed. It is commonly applied in investment contexts, particularly with properties that are...

Insurable Value

In real estate and insurance, Insurable Value refers to the amount for which a property is insured against loss or damage. It typically includes the value of the improvements, such as buildings and structures, but excludes the value of the land and other components...

Cross-Collateral Loan

Cross-collateral loans are primarily used in commercial real estate, but are growing in popularity in residential real estate. Cross-collateral loans in residential real estate are a financing strategy that allows a homeowner to use more than one property as security...

Conveyancing

Conveyancing is the legal and administrative process of transferring ownership of real property from one party to another. It begins once a purchase agreement is signed and continues through to the final closing, involving tasks such as verifying the property’s title,...

Zoning

In real estate and land use regulation, zoning is the division of a city or county into designated areas or districts by legislative action. These regulations specify the types of uses that are permitted for real property within each area. Zoning ordinances typically...

Zone (zoning, land use)

In real estate and land use regulation, a zone is a designated area established by local authorities for a specific type of use, such as residential, commercial, or industrial. Zoning divides a community into districts to promote orderly development. Each zone is...

Zero Lot Line

In real estate and land use planning, a zero lot line refers to the construction of a building directly on one or more of the property’s boundary lines. This design eliminates the typical setback requirement on that side of the lot. Zero lot line construction is...

Yield

In real estate investment analysis, yield is the ratio of income generated by an investment to the total cost of that investment over a specified period of time. It measures the return produced in relation to the amount invested. Yield is commonly expressed as a...

Writ of Execution

In real estate and civil procedure, a writ of execution is a court order issued to enforce a judgment or decree. It directs a law enforcement officer or other authorized official to carry out the court’s decision. A writ of execution may authorize the seizure and sale...

HUD

HOUSING & URBAN DEVELOPMENT

HUD

(Department of Housing and Urban Development)

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