Purchasing Power Risk
Definition of "Purchasing power risk"
Risk resulting from possible increases or decreases in price levels that can substantially impact real estate values.
Popular Real Estate Terms
Latin term meaning legal capacity to act on behalf of oneself. ...
Amount of money paid for some form of property. In real estate, the price paid for property is usually the market price; however, in the case of a forced sale, as in a foreclosure sale, the ...
Waterproofing the joint of a roof. ...
Bond collaterized by real assets. Two kinds of mortgage bond are senior mortgages and junior mortgages. A mortgage bond may have a closed-end provision that prevents the firm from issuing ...
Something offering protection against the wind such as trees and fences. ...
Window(s) situated on top of a structure to furnish air and light for the inside. ...
Time period for which one expects to keep property such as a real estate investment. ...
Date of the valuation of property, usually contained in a report. ...
Also called an installment sales contract or contract foe feed. A type of creative financing in real estate allowing the seller to finance a buyer by allowing him or her to make a down ...
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