Occurs when a borrower's monthly payment is too small to cover both the principal and interest of a loan, so the outstanding balance of the loan actually grows larger with each payment. Many …
Negative-Slope Driveway
A driveway that drops from street level to the garage. …
Neo-Traditional Planning
Planning of a community that favors new home development with such traditional features as grid-street patterns, prominent front porches, backyard garages, multi-use buildings, and housing clustered …
Net Cash Flow
Income from an investment property after expenses such as principal, interest, taxes, and insurance are subtracted. …
Net Listing
A net listing is a type of real estate listing agreement in which the seller sets a minimum net price they want to receive from the sale of their property, and the real estate agent retains any amount …
Net Worth
The worth of a person or company based on the difference between total assets and liabilities. The value of ones assets minus their liabilities. …