Definitions Of Key Real Estate Terms M This article provides the definitions of key estate terms beginning with the letter M. Management Agreement is a contract between a property manager and an owner of rental property that identifies the scope of the property manager's responsibility. Manufactured Housing is dwellings that are manufactured off site and moved in by truck and assembled or installed on the lot. Market is a place where goods and services are can be bought and sold and where prices are determined. Marketable Title is a title that is good or clear and is reasonably free from risk … Continue reading...
Key Real Estate Terms L | Myers & Myers Real Estate
Definitions Of Key Real Estate Terms L This article provides the definitions of key estate terms beginning with the letter L. Laches is an equitable doctrine used by courts to bar a legal claim or prevent the assertion of a right because of undue delay or failure to assert the claim or right. Land is the earth's surface, extending downward t the center of the earth and upward infinitely into space including things permanently by nature such as trees and water. Latent Defect is a hidden structural defect that could be discovered by ordinary inspection and threaten the property's soundless or … Continue reading...
Key Real Estate Terms J | Myers & Myers Real Estate
Definitions Of Key Real Estate Terms J This article provides the definitions of key estate terms beginning with the letter J. Joint and Several Liability is when each of the individual owners is personally responsible for the total damages. Joint Tenancy is the ownership of real estate between two or more parties who have been named in one conveyance as joint tenants. Upon the death of a joint tenant, the decedent's interest passes to the surviving joint tenant. Joint Venture is the joining of two or more people to conduct a specific business enterprise. Judgment is the formal decsion of a … Continue reading...
Key Real Estate Terms Y | Myers & Myers Real Estate
Definitions Of Key Real Estate Terms Y This article provides the definitions of key estate terms beginning with the letter Y. Yield is the return on an investment or the amount of profit stated as a percentage of the amount invested. Yield to Maturity is a method of financing repayment in which a borrower pays a certain percentage of actual funds borrowed each year and pays the loan off in full at the end of its maturity Yield Spread is the difference in yields between a mortgage and a benchmark value such as US Treasuries with the same maturity. Myers & Myers Real Estate We have some of … Continue reading...
Key Real Estate Terms X | Myers & Myers Real Estate
Definitions Of Key Real Estate Terms X This article provides the definitions of key estate terms beginning with the letter X. X-Bracing is cross bracing in a partition. Xeriscape is a type of landscaping used quite extensively in New Mexico that conserves waters and is based on sound horticultural practices. Xylotomous is the capacity of an organism to bore into wood, a characteristic of termites. Myers & Myers Real Estate We have some of the best in the business. Whether you're looking to buy house or sell a house, our real estate agents have the knowledge & expertise to get the job … Continue reading...
Key Real Estate Terms V | Myers & Myers Real Estate
Definitions Of Key Real Estate Terms V This article provides the definitions of key estate terms beginning with the letter V. Vacancy Factor is the percentage of time a rental facility is vacant. Vacate is to give up occupancy or surrender possession Valid is legally sufficient or effective. Valuable Consideration is the granting of some beneficial right, interest, or profit, or the suffering of some legal detriment or default by one party in return for the performance of another, usually as an inducement for a contract. Variable Interest Rate is an interest rate in which the lender is allowed … Continue reading...
8 Albuquerque Home Buying Strategies | A Comprehensive Guide
Home Buying Strategies in Albuquerque, NM: A Comprehensive Guide Read more about our Albuquerque home buying strategies. Searching for a new home can be an exciting but challenging journey. Albuquerque, New Mexico, with its rich cultural heritage, breathtaking landscapes, and affordable housing options, presents an excellent opportunity for homebuyers. To help you navigate the Albuquerque real estate market, we have compiled a comprehensive guide that explores effective home-buying strategies. Whether you're a first-time buyer or a seasoned investor, these tips will empower you to make … Continue reading...
Albuquerque Foreclosures Special Report
February 10, 2011 Albuquerque foreclosures expected to increase rapidly according to an article this morning by Les Christie a staff writer for CNN Money. The report stated the Albuquerque foreclosures rate in Albuquerque is one in 46 homes and represented a 60.32% increase in 2010. Albuquerque foreclosures is ranked the 67th highest rate among the 206 areas reported by RealtyTrac. Zillow reported this morning that 27% of homeowners in America are underwater on their homes. There are several reports with wide ranging estimates of the number of homes in the foreclosure pipeline. I thought it … Continue reading...