Real Estate Term of the Day: Federal Tax Lien FEDERAL TAX LIEN – a debt attached against property for unpaid federal taxes; most often by the Internal Revenue Service (IRS) to attached property for payment of owner’s unpaid income taxes (Barron’s Dictionary of Real Estate Terms) The general rule of thumb is that tax liens … More Real Estate Term of the Day: Federal Tax Lien
ABSORPTION RATE ACCESSIBILITY ACRE ADJUSTABLE RATE MORTGAGE (ARM) ADJUSTMENTS IN APPRAISAL ADJUSTED SALES PRICE AGENCY AGENCY DISCLOSURE AGENT AMENDMENT AMENITIES AMERICAN LAND TITLE ASSOCIATION AMORTIZATION AMORTIZED LOAN AMORTIZATION SCHEDULE AMORTIZATION TERM ANNUAL PERCENTAGE RATE (APR) APPRAISAL APPRAISAL APPROACH APPRAISAL REPORT APPRAISED VALUE APPRECIATION ARCHITECTURE ARREARS ASBESTOS AS IS ASKING PRICE ASSESSED VALUE ASSESSMENT ASSESSOR ASSUMABLE … More Real Estate Term of The Day: Recap of the “A” Terms
Real Estate Term of the Day: Assessed Value, Assessment & Assessor ASSESSED VALUE – the value established for property tax purposes (Barron’s Dictionary of Real Estate Terms) ASSESSMENT – the amount of tax or special payment due to a municipality or association (Barron’s Dictionary of Real Estate Terms) ASSESSOR – an official who determines property … More Real Estate Term of the Day: Assessed Value, Assessment & Assessor
Real Estate Term of the Day: Arrears ARREARS – at the end of a term. Interest on a mortgage loan and property taxes are the most common items in real estate that are paid in arrears (Barron’s Dictionary of Real Estate Terms) Property taxes in Colorado are paid in arrears. For example, in 2011 properties … More Real Estate Term of the Day: Arrears
LESLIE MONACO REAL ESTATE 