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Relocation

Referring to any service that assists a family to move house or a business to move from one establishment to another.

Contributors in Relocation

Relocation

relocation incentive

Business services; Relocation

A payment made to relocation employees as an inducement for accepting an assignment that requires a transfer.

relocation appraisal

Business services; Relocation

The methodology and format by which the Anticipated Sales Price of a residential housing unit, using the market data approach to value, is established. Assumes an arm’s length transaction, and ...

relocation allowance

Business services; Relocation

An allowance provided to transferred employees to offset miscellaneous expenses encountered during a household move, which are not otherwise reimbursed. The allowance is paid either as a lump sum or ...

refinance

Business services; Relocation

The process of paying off one loan with the proceeds from a new loan using the same property as security.

recording

Business services; Relocation

Filing documents affecting real property as a matter of public record, giving notice to future purchasers, creditors, or other interested parties. Recording is controlled by statute and usually ...

qualifying ratio

Business services; Relocation

General guidelines that help establish a borrower’s borrowing limits for the purpose of obtaining a mortgage.

qualified buyer

Business services; Relocation

A buyer who is ready, willing, and able to purchase a home and has been pre-qualified by a lender.

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