Linda Lipovsky's (thankful) Blog

Debt Coverage Ratio: The relationship between (NOI) Net Operation Income and (ADS) Annual Debt Service. Often Used as an underwriting criterion for income property mortgage loans.Present Value: The equivalent lumpsum value today of expected future cash flow calculated according to a specific disc...

Definitions for Vocabulary Words #5, Group #2,  Due 3-29-08TIME IS OF THE ESSENCE: A phrase that, when inserted in a CONTRACT, requires that all references to specific dates and times of day noted in the contract  be interpreted exactly. In its absence extreme delays might be acceptable.A Sales C...

Real Estate Principles 1, Vocabulary #3, Group #2, Los Angeles Trade Technical College, Instructor Al Willis. Contributors are Kevin, Danny and Linda. Assignment due 3-15-08.Mortgage: An instrument that creates a voluntary lien on real property to secure repayment of a debt.A Mortgage is used by ...

Hello out the in real estate land.  I am a new student at Trade Tech College, I am enrolled in Real Estate Principles 1. I am experiencing a whole new world that proves to be a serious challenge. I have spent a considerable part of my life as a mother of 3 and a fulltime bus driver. I was a homeo...