home finance
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Appraising Apartment Buildings: GRM, Cap Rate & Comps Explained
The three most effective ways to calculate the value, or sale price, of an apartment building are the gross rent multiplier, or GRM; the capitalization, or cap, rate; and comparative sales, or comps.
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Eviction & Credit Score: How to Improve Your Chances
While you won't necessarily "pass" a credit check with an eviction in your history, you can take steps to improve the potential that a new landlord rents to you. Your best approach to th
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Hazard Insurance Cost: Factors & Average Rates - [Year]
The cost of hazard insurance, also called homeowners' insurance, can depend on the type of policy purchased, the amount of coverage, location, and replacement cost for possessions and rebuilding a
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Section 8 Housing: Finding Rental Properties with Your Voucher
For most families, finding safe and sanitary housing is a priority. The Section 8 Housing Choice Voucher Program allows low-income families, the elderly and disabled to choose a suitable property and
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Manufactured Double-Wide Homes: Advantages & Disadvantages - A Comprehensive Guide
Most mobile homes cost less than site-built homes because the manufacturers save money on labor and materials. Mobile homes are built indoors and constructed according to the Federal Housing and Urban
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Property Bill of Sale: A Comprehensive Guide & Template
Any sale of property should be legally documented through a written bill of sale. Whether you are buying or selling property, make sure that the bill of sale is legally valid to protect your interests
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Vacating an Apartment: A Guide to Writing a Relinquishing Letter
Most residential leases require you to contact your landlord within a certain amount of days before your lease expires. If you don't, the landlord assumes that you plan to stay. If you want to lea
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Contiguous Property Owners: Definition & Legal Implications
Contiguous property owners are the owners of tracts of real property connected by a common boundary. The property can be private, public (owned by government), commercial (including industrial), or re
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Understanding CAM Charges on Commercial Leases
Looking for space to lease for your business involves understanding the terms associated with your contract. The rent may be more than the cost per square foot. Other charges can apply to the building
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Breaking a Lease Due to Unlivable Conditions: Your Rights & Options
Moving into a new apartment or house can be stressful. Between deposits, leases and hooking up utilities, there's a lot to do. If moving in reveals a few surprises that you didn't notice durin
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Proof of Funds for Cash Home Purchases: What Sellers Need to Know
People making offers on residential property are usually required to provide the seller with proof of funds. If you are financing a home, you have to prove that you have funds for the down payment and
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Negotiating a Manufactured Home: Tips for a Better Price
Successful negotiations lead to greater affordability when purchasing a new manufactured home. The amount of time and effort you spend during the negotiation period reflects in the final mortgage amou
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Landlord Guide: Renting to Section 8 Tenants & Housing Choice Vouchers
Deciding to rent to a Section 8 tenant is just the first step in participating in the Housing Choice Voucher Program. Section 8 provides the most widely-used mechanism to secure affordable housing. In
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HO-6 Insurance: Your Guide to Condo Owner Coverage
Inadequate insurance can add insult to injury after a devastating event destroys your home. Whether you own a mansion or a condominium, you need the right homeowners insurance to safeguard what's
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Cancel Renters Insurance: A Step-by-Step Guide & Pro-Rata Refunds
Tip Some companies reimburse premiums paid on a pro-rata basis: If you cancel midway through the month, for example, the insurance company will reimburse you half a month's premium. Renters insura
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Condominium Depreciation: A Guide for Real Estate Investors
Investors may choose homes, land, apartments, commercial buildings and more as real estate investments. Investors must depreciate rental properties, according to Internal Revenue Service. Depreciation
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Los Angeles County Quitclaim Deed: Filing & Requirements
A quitclaim deed is a title that can be filed on a property that states the interest of one party to transfer a property that it owns to another party, even though the deed does not contain any warran
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Understanding Mortgage Interim Interest: Calculation & Payment
Mortgage interim interest refers to the interest that accrues on your mortgage between the closing date and the date of record. This is the time between when you close on the mortgage and the end of t
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Section 8 Housing Choice Voucher Program: Income Limits & Eligibility
As is standard with most rental assistance programs, HUD's Section 8 Housing Choice Voucher program limits program access to families earning considerably less than their area's median income.
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Transferring Property with Right of Survivorship: A Guide
A "right of survivorship" is a special interest in real property. When multiple people take a parcel of property, they can choose to become "tenants with a right of survivorship."
home finance
- Home Appraisal & Title Search Timeline: What to Expect
- Understanding Non-Exclusive Easements for Land Access
- Selling a Fire-Damaged Home: A Comprehensive Guide
- Comprehensive Guide to Metal Fasteners: Types, Materials & Applications
- Understanding PFC on Your Mortgage: What You Need to Know
- Condo Hazard Insurance: Protecting Your Unit & Belongings
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Bank of America Referral Bonus: Earn $25 for Referrals (Updated 2024)Occasionally, Bank of America offers bonuses for every new member you bring their way. The BofA refer-a-friend program is designed to encourage signups, offering $25 to the referrer and $150 to the pe...
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Mortgage Refinancing: Is It Right for You? Pros & ConsAll homeowners know that owning a home can be a full-time job in itself. From picking out the new tiles for the bathroom to deciding what color to paint the kitchen, there is always somet...
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Boost Password Security: A Simple Lo-Fi TechniqueData breach after data breach after data breach, and we're still so bad at changing our own passwords. We're so bad at coming up with secure online passwords that we can create lists year afte...
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Parabolic SAR (SAR): Understanding a Key Trading IndicatorThe Parabolic SAR is a technical indicator developed by J. Welles Wilder to determine the direction that an asset is moving. The indicator is also referred to as a stop and reverse system, which is ab...