Blue Sky Laws – David Reecher Blue sky laws are federal securities regulations that are designed to protect investors from highly risky investments and nefarious practices by people who sell inv...Read More
Blue-Ribbon Condition – David Reecher A home that is in blue-ribbon condition has been maintained immaculately and appears to be in its original condition. These homes are also referred to as be...Read More
Blighted Area – David Reecher A blighted area is a neighborhood or vicinity that has deteriorated. Various factors contribute to this deterioration including crime, foreclosures and the closing ...Read More
Application Fee – David Reecher The application fee is the non-refundable charge that a lender might choose to assess in order to process a mortgage application. This fee is charged in order to ...Read More
Application – David Reecher When you make the decision to buy a house, you will complete an application. An application is the information that you will submit to the bank that offers specific d...Read More
Anticipatory Breach – David Reecher Anticipatory breach is a contract law term that refers to a situation when a party lets the other party know that it will not be honoring the obligations of a...Read More
Annuity – David Reecher An annuity is a payment of a fixed sum of money to a lender at set intervals that are decided at the start of the annuity. Most annuities are paid off month to month. Eve...Read More
Annual Percentage Rate (APR) – David Reecher The annual percentage rate, known as APR for short, refers to the annual rate of interest a borrower pays. This is a single percentage rate that repr...Read More
Annual Mortgagor Statement – David Reecher An annual mortgager statement describes the summary that borrowers receive once a year from their lender. This statement provides details about how muc...Read More
Amortization Tables – David Reecher Amortization tables are mathematical charts that are used by lenders and borrowers to calculate the monthly payment on a loan or mortgage. The tables are gene...Read More
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