Category: REAL ESTATE TERM OF THE DAY

INCOME CAPITALIZATION VALUE RETOTD Episode 00277

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INCOME CAPITALIZATION VALUE The indication of value derived for an income-producing property by converting its anticipated benefits into property value through direct capitalization of expected income or by discounting the annual cash flows for the holding period at a specified…

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GOVERNMENT MORTGAGE RETOTD Episode 00266

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GOVERNMENT MORTGAGE Any mortgage insured by a government agency, such as the FHA or VA.  A mortgage that is insured by the Federal Housing Administration (FHA) or guaranteed by the Department of Veterans Affairs (VA) or the Rural Housing Service…

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FEDERAL HOUSING ADMINISTRATION (FHA) RETOTD Episode 00264

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FEDERAL HOUSING ADMINISTRATION (FHA) A sub-agency of the U.S. Department of Housing and Urban Development created in the 1930’s to facilitate the purchase of homes by low-income, first-time home buyers. It currently provides federally-subsidized mortgage insurance for private lenders.  An…

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