by Myers Jackson | Dec 31, 2024 | Auction News
Assessed Value Typically the value placed on property for the purpose of taxation. Real estate words and definition CLICK THIS BUTTON For other words and definitions related to real estate auctions CLICK THIS BUTTON For all active auctions, and properties for...
by Myers Jackson | Dec 31, 2024 | Auction News
PITI An acronym for the four primary components of a monthly mortgage payment: principle, interest, taxes, and insurance (PITI). Real estate words and definition CLICK THIS BUTTON For other words and definitions related to real estate auctions CLICK THIS BUTTON...
by Myers Jackson | Dec 31, 2024 | Auction News
Personal Property Any property that is not real property. Real estate words and definition CLICK THIS BUTTON For other words and definitions related to real estate auctions CLICK THIS BUTTON For all active auctions, and properties for sale CLICK THIS BUTTON...
by Myers Jackson | Dec 31, 2024 | Auction News
Asbestos A toxic material that was once used in housing insulation and fireproofing. Because some forms of asbestos have been linked to certain lung diseases, it is no longer used in new homes. However, some older homes may still have asbestos in these materials....
by Myers Jackson | Dec 31, 2024 | Auction News
Payment Cap For an adjustable-rate mortgage (ARM) or other variable rate loan, a limit on the amount that payments can increase or decrease during any one adjustment period. Real estate words and definition CLICK THIS BUTTON For other words and definitions...
