- Branche: Real estate
- Number of terms: 2794
- Number of blossaries: 0
- Company Profile:
Coldwell Banker is a large real estate franchise founded in 1906 in San Francisco. Coldwell Banker has an international presence, with offices on six continents, 46 countries and territories. There are more than 600 Coldwell Banker offices outside of the United States.
A mortgage where you make "half payments" every two weeks, rather than one payment per month. This results in making the equivalent of 13 monthly payments per year, rather than 12, significantly reducing the time it takes to pay off a thirty year mortgage.
Industry:Real estate
An extra charge, or penalty added to a regular mortgage payment when the payment is made late by an amount of time specified in the original loan document.
Industry:Real estate
Any region of a city or town that has fallen into disrepair or otherwise has become undesirable.
Industry:Real estate
Any defect in a piece of property which is not readily apparent, but which has an impact of the value. Structural damage or termite infestation would be examples of latent defects.
Industry:Real estate
A contract between a property owner and a tenant specifying the payment amount, terms and conditions, as well as the length of time the contract will be in force.
Industry:Real estate
An interim loan made to facilitate the purchase of a new home before the buyer's current residence sells and its equity is available to fund the new purchase.
Industry:Real estate
An agreement between the commercial property owner and the lender that assigns lease payments directly to the lender.
Industry:Real estate
