Archive for October, 2008

Right of First Refusal

Wednesday, October 29th, 2008

An arrangement that the property owner will give specific persons the option to buy or rent a property before the property is made available to the general public.

Raleigh Real Estate’s Triangle Report

Revolving Debt

Wednesday, October 29th, 2008

A line of credit where repayment is in regular intervals based on the amount of credit the borrower uses plus interest. There is no need to reapply for credit each time a purchase is made. The most common type of revolving debt is a credit card.

Raleigh Real Estate’s Triangle Report