Discount Points

Discount Points – David Reecher Discount Points are fees paid to a mortgage lender that allow the borrower to obtain a lower interest mortgage loan by paying a small upfront premium towards clos... Read More

Deferred Maintenance

Deferred Maintenance – David Reecher Deferred maintenance refers to necessary maintenance, repairs and upgrades or replacements that are put on hold until some time in the future. Maintenance an... Read More


Default – David Reecher Lenders require that borrowers make payments on time each month or as agreed upon when the money was loaned. People who do not make their payments on time or who abandon ... Read More

Deed of Trust

Deed of Trust – David Reecher A deed of trust is a form of evidence that a debt exists. In most situations, it is the documentation of a transfer of property to another person or party for them ... Read More


Deed – David Reecher A deed for your property establishes that you are the legal owner of that property. When you sell your building, the deed to that building will then be transferred to the ne... Read More

Debt Service

Debt Service – David Reecher It is periodic cash payments for principal and interest on pre-existing debt, which may include outstanding loans and other financial obligations. Debt service can a... Read More

Debt Coverage Ratio

Debt Coverage Ratio – David Reecher In corporate finance, debt coverage ratio means the cash flow available to meet principle, interest and lease payments. In personal finance, it is the formula... Read More


Debt – David Reecher Any amount of money that a person owes to a business or another person is called debt. Most people cannot avoid accruing debt at some point in their lives. Even simple tasks... Read More

Days On The Market

Days On The Market – David Reecher The days on the market refer to the number of days that have passed since a seller or agent listed a property. Sellers are generally concerned about this when ... Read More