Tight Money
Definition of "Tight money"
- A decrease in spending dollars because of a decrease in the money supply.
- Less funds available to prospective home buyers by lenders. Attractive mortgages are difficult to get.
Popular Real Estate Terms
Out-of-state or out of jurisdiction administrator appointed to probate a decedents property when there is no executer or executrix. ...
Range reconnaissance, or surveying, for the purpose of preparing grazing capacity estimates. There are two parts to a range survey: mapping of grazing cover varieties and associated ...
Real rate of interest on a loan. It is the coupon rate divided by the net proceeds of the loan. Assume Sharon took out a $1,000,000, on year, 10% discounted loan to buy real estate. The ...
Also called settlor. A trust created by a will starting upon the donor's death. It empowers a trust administrator to implement the terms of the trust. ...
Something that is hidden or overlooked and may be realized at a later time. For example, an individual's name is improperly spelled on a title deed, and the oversight is not noticed until ...
Expenditures incurred to develop real estate. An example is the cost to build a shopping center. ...
Appraisal by summation is an Alias for Replacement Cost A.K.A. Cost Approach, which is one of the approaches an Appraiser can go through in order to assign a Market Value to a ...
A lien on property such as for the nonpayment of real estate taxes or mechanic's lien for repairs to the home without the consent of the owner, created by operation of law. ...
Bankruptcy declared by any insolvent person or business. In contrast to involuntary bankruptcy, which is applied for by the creditors. ...
Comments for Tight Money
what would need to occur to turn a tight money market into an easy money market?
Jun 10, 2021 23:49:44Hey Maria! Thank you for reaching out to us. For a tight money market to turn into an easy money market, a recession is required. An easy money market is designed to increase the money supply, grow the collective demand, and create new jobs. By doing this, interest rates will drop, business activities will accelerate, and the unemployment rates will drop.
Jun 11, 2021 07:33:17Have a question or comment?
We're here to help.