Monthly Archives: October 2016

Real Estate Term of the Week

Abatement: A reduction in the level of taxation faced by an individual or company. Examples of an abatement include a tax decrease, a reduction in penalties, or a rebate

Real Estate Term of the Week

Professional Organizer: Professional organizers offer a wide variety of services related to creating order, from designing a functional closet to organizing a move. For homeowners, a professional organizer might plan and reorganize the space...

Real Estate Term of the Week

Debt-to-Income-Ratio: One way that lenders (including mortgage lenders) measure an individual’s ability to manage monthly payments and repay debts is debt-to-income ratio (DTI). DTI is calculated by dividing total recurring monthly debt by gross...

Buying a Home After Divorce

Going through a divorce is usually not a simple process. In addition to the emotions that come with divorce, there are plenty of financial details to sort through that require agreement with your ex....