Real Estate

  1. Heatmap

    A visual representation of data using colors. A heatmap can be used with all sorts of data, from representing the number ...
  2. Quiet Title

    A lawsuit filed to establish ownership of real estate when ownership is in question. Real estate owners want to ensure that ...
  3. National Housing Act

    Federal legislation passed in 1934 to create the Federal Housing Administration (FHA). Its purpose is to make credit more ...
  4. What is PMI, and does everyone need to pay it?

    Also known as "Primary Mortgage Insurance," PMI is the lenders (banks) protection in the event that you default on your primary ...
  5. Foreclosure Buyout

    A refinancing program that allows a homeowner to avoid foreclosure on their home. Foreclosure buyouts are typically a refinancing ...
  6. 6 Tips For Protecting Your Home's Value

    New taxes, property values, appraisals, community changes and nearby abandoned foreclosures can all lower your home's value. ...
  7. Shadow Inventory

    A term that refers to real estate properties that are either in foreclosure and have not yet been sold or homes that owners ...
  8. Hope Now Alliance

    An initiative launched in 2007 to combat the rising tide of foreclosures created by the subprime mortgage market meltdown. ...
  9. Bidding War

    A situation where two or more buyers are so interested in an item (such as a house or a business) that they make increasingly ...
  10. Distressed Borrower

    A borrower who is unable to fully repay his or her debt due to financial difficulties - difficulties either created by personal ...
  11. Perfect Title

    A title deed for real estate that does not have any liens attached to it. A perfect title becomes so after all liens or other ...
  12. Housing Policy Council - HPC

    A subsidiary of the Financial Services Roundtable, formed in 2003, in recognition of the fact that many roundtable members ...
  13. Sheriff's Sales

    A term used to refer to distressed public property auctions. Sheriff's sales is generally the last step in the foreclosure ...
  14. Cross Collateralization

    The act of using an asset that is currently being used as collateral for a loan is also used as collateral for a second loan. ...
  15. Equity Stripping

    The process of reducing the overall equity in a property in order to avoid creditors. The theory behind equity stripping ...
  16. Spousal Stripping

    An equity-stripping technique used to reduce the equity in a property in order to avoid foreclosure by creditors. Spousal ...
  17. Equity Stripping Leaves Creditors Empty-Handed

    Add additional debt to your real estate assets to keep the creditors at bay.
  18. Extreme Commuting: Is It For You?

    Americans are spending more time behind the wheel - find out what's driving this trend.
  19. Homeowner Affordability And Stability Plan - HASP

    A program rolled out in 2009 in an attempt to stabilize the U.S. economy. The Homeowner Affordability and Stability Plan ...
  20. A $50,000 House - But At What Cost?

    It sounds like a great deal for a house, but you may have to sacrifice some of the items on your wish list to get it.
  21. 3 Things To Get In Order Before You Die

    In the aftermath of the Jackson death, it has become evident that you need to make your wishes known.
  22. Tips For Renting A Vacation House

    Follow these nine steps to get a picture-perfect summer shack at a great price.
  23. Obtaining Credit In A Bad Economy

    Recessions can put the brakes on lending. Learn how to get the loan you need during tough economic times.
  24. Battling Foreclosure: The HOPE NOW Alliance Strategy

    Hope Now was formed to help prevent foreclosures. Are the organization's strengths enough to overpower its weaknesses?
  25. Garbage Fees

    Unnecessary fees tacked onto mortgage closing costs by lenders to pad the lender's profit. Garbage fees may have names such ...
  26. The Economics Of Gardening: Can You Dig It?

    Since Michelle Obama broke ground on a garden at the White House, interest in growing our own food has soared.
  27. The Bright Side Of The Credit Crisis

    Find out how this tough economic period can be a learning experience for all.
  28. Reverse Mergers: The Pros And Cons

    Reverse mergers can provide excellent opportunities for companies and investors, but there are still some downsides and risks. ...
  29. Non-REO Foreclosure

    A real estate property that has been foreclosed successfully. A non-REO (real estate owned) foreclosure has a purchaser that ...
  30. Protect Yourself From HELOC Fraud

    Identity thieves are using home equity lines of credit to commit their crimes.
  31. Paring Down Moving Costs

    Unexpected costs can add to the stress of relocation. Plan ahead and anticipate what may pop up.
  32. Collateralized Debt Obligations: From Boon To Burden

    CDOs were to be Wall Street's boon - instead they went bust. Find out what went wrong.
  33. Housing Deals That Fall Through

    Find why buyers back out and what you can do if you're left holding the bag.
  34. 7 Tips On Buying A Home In A Down Market

    Follow these seven tips to get a leg up on rival bargain hunters.
  35. How does the American Housing Rescue and Foreclosure Prevention Act of 2008 affect first-time home buyers?

    The passage of the American Housing Rescue and Foreclosure Prevention Act of 2008 at the end of July 2008 made about $15 ...
  36. How does a credit crunch occur?

    A credit crunch occurs when there is a lack of funds available in the credit market, making it difficult for borrowers to ...
  37. 10 Reasons Why Moving Might Not Make You Richer

    Find out why moving to a less expensive city may not reduce your expenses.
  38. Analyzing A REX Agreement

    These contracts can be an effective way for homeowners to hedge against declining house prices.
  39. REX Agreements Climb As House Prices Decline

    These purchase options let you hedge against a decline in your home's value without having to sell the house.
  40. How Will The Subprime Mess Impact You?

    The subprime collapse could mean doom and gloom for housing, equities and the overall economy.
  41. McMansion: A Closer Look At The Big House Trend

    The average home size is now 2,500 square feet - how big should you go?
  42. Subprime Is Often Subpar

    Proceed with caution when considering these short-term, high-interest mortgages.
  43. Mortgage Basics: A Tutorial

    Learn how to navigate what may be your biggest and most important loan.
  44. Seller-Paid Points

    Any points paid by the seller of a home for the buyer. Seller-paid points are always deducted by the purchaser of the home. ...
  45. Seller-Financed Sale

    A transaction where the seller also acts as the lender to the buyer. Seller-financed sales thereby eliminate third-party ...
  46. Reverse Exchange

    A type of property exchange wherein the replacement property is acquired first, and then the current property is traded away. ...
  47. Restrictive Covenant

    Any type of agreement that requires the buyer to either take or abstain from a specific action. In real estate transactions, ...
  48. Foreclosure Prevention Act of 2008

    A housing act that is designed to help families keep homes that are facing foreclosure and stabilize the overall housing ...
  49. Shared Equity Finance Agreements

    When two parties purchase a primary residence because one party is unable to purchase the residence on its own. In a shared ...
  50. For Sale By Owner - FSBO

    A method of selling property without the use of an agent or broker. Generally, the reason that the seller does not use the ...
Save Money
  1. 5 Ways To Make Your Home Remodels Pay Off

    Here are five ways to make your home renovation worth the money and effort you put into it.
  2. Differences Between Private Foundations And Public Charities

    Here's a look at the differences between these types of charitable organizations.
  3. How To Monetize Your YouTube Channel

    YouTube's Partner Program helps users earn money through their channels. Find out how.
  4. The World's Most Valuable Private Companies

    In spite of the rewards going public can bring, some companies prefer to remain private, and they are very successful in this.
  5. Is Cyber Monday The New Black Friday?

    Cyber Monday is becoming more popular than Black Friday. Here's why.
Hot Definitions
  1. Collateral Value

    The estimated fair market value of an asset that is being used as loan collateral. Collateral value is determined by appraisal ...
  2. Fiduciary

    A fiduciary is a person who acts on behalf of another person, or persons to manage assets.
  3. Current Account

    The difference between a nation’s savings and its investment. The current account is defined as the sum of goods and services ...
  4. Liability

    Liabilities are defined as a company's legal debts or obligations that arise during the course of business operations.
  5. Quick Ratio

    The quick ratio is an indicator of a company’s short-term liquidity. The quick ratio measures a company’s ability to meet ...
  6. Covered Call

    An options strategy whereby an investor holds a long position in an asset and writes (sells) call options on that same asset ...
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