News

Earnest Money Deposit -
A deposit made by a potential home buyer to show that they are serious about purchasing the property.


Esement -
Giving other persons, other than the owner, access to a property.


Eminent Domain -
The government right to take private property for public use depended on the payment of its fair market value....

Debt-to-Income Ratio (DTI) -
The ratio of aggregate monthly debt to aggregate monthly income.


Deed -
A legal document which affects the transfer of ownership of real estate from the seller to the buyer.


Deed of Trust -
Synonymous to a mortgage. A deed of trust or mortgage is obtained, depending on the state in which the...

Callable Debt -
A debt security in where the issuer has the right to redeem the security at a specified price on or after a specified date, but prior to its stated final maturity date.


Caps -
A set percentage amount by which an adjustable rate mortgage may adjust each adjustment period. For adjustable loans, caps are usually quoted as...