Albuquerque Real Estate Glossary C
(California Bungalow - Ceiling Rate)
| A3 | A4 | B1
| B2 | B3 | C1
| C2 | C3 | D1
| D2 | E1 | E2
| F1 | F2 | F3
G1 | G2 | H1
| H2 | I1 | I2
| J | K | L1
| L2 | L3 | M1
| M2 | M3 | N
| O1 | O2
| P1 | P2 | Q
| R1 | R2 | S1
| S2 | T1 | T2
| U | V1 | V2
| W1 | W2 | X
| Y | Z
Early twentieth century type of a small one-story home.
Long, one-story house with sloping roof with skylights and contemporary
Loan agreement clause allowing the lender to ask for the balance due
at any time.
Assets purchased for use over long periods of time, such as land and
buildings, rather than for resale and can be fixed assets consisting
of tangible assets such as plants and equipment and intangible assets,
such as patents.
Capital Gains Tax
Taxes placed on profits from the sale of investments or real estate.
Loss from an investment resulting from the sale of that real estate.
Keeping records of money received or expended.
Method of accounting in which expenses are recorded when cash is paid
and revenue is recorded when cash is received.
Amount, in cash, invested in property.
Price for which real estate would be sold if all cash was involved.
Cash remaining on a rental property when the operating expenses and
loan payment are deducted from the gross rental.
Cash Flow Statement
Financial records of receipts and expenditures during a specific period.
Expected market value of property if sold today.
Refinancing of a mortgage where the money received from the new loan
is greater than the amount due on the old loan. These funds can then
be used in any manner by the borrower.
Maximum loan that can be borrowed by a potential debtor.
A controlled or administered price, which is set for property by a federal
or local agency, usually in extraordinary circumstances.