There are currently 7 names in this directory beginning with the letter I.
A contract under which the agreement of the parties is demonstrated by their acts and conduct.
The process of estimating the value of an income-producing property by capitalization of the annual net income expected to be produced by the property during its remaining useful life.
Real estate developed or improved to produce income.
A title to land that a title company will insure.
A mortgage that is protected by the Federal Housing Administration (FHA) or by private mortgage insurance (MI). If the borrower defaults on the loan, the insurer must pay the lender the lesser of the loss incurred or the insured amount.
INTEREST ACCRUAL RATE
An accrual rate is the interest rate applied to a financial obligation, such as bonds, mortgages, and credit cards.
A short-term loan usually made during the construction phase of a building project; often referred to as the “construction loan.”