|
|
| | | | |
| | | | |
| | | | |
| |
Improvements
Additions to raw land such as buildings, streets, etc. that add value to the land.
| | |
| | |
| |
Impound Account
That portion of a borrower's monthly payments held by the lender or servicer to pay for taxes, hazard insurance, mortgage insurance, lease payments, and other items as they become due. Also known as reserves.
| | |
| | |
| |
Income Approach
A method used by an appraiser to estimate the value of a property based on the income it generates.
| | |
| | |
| |
Income Property
Real estate that generates rental income. Examples : apartment buildings, office buildings and shopping centers.
| | |
| | |
| |
Index
A statistic that indicates some current economic of financial condition. Indexes are used to make adjustments in variable rate loans.
| | |
| | |
| |
Ingress and Egress
The right to go in and out over a piece of property but not the right to park on it. See also Easements.
| | |
| | |
| |
Installment Sale
See land contract.
| | |
| | |
| | | | |
| | | | |
|
|
