Where cozy means tiny and charming means needs work.
A creditor agreeing to accept lower priority for repayment if the property is sold or foreclosed. Basically saying 'you can collect first, I'll wait in line.'
A deceptive transaction where someone buys property on behalf of another person to hide the true buyer's identity—usually illegal and definitely unethical.
The legal principle that occupation of abandoned property for a certain period can result in ownership—basically, finders keepers, but for entire houses.
A massive barrier or embankment constructed along a coastline to prevent erosion and protect inland areas from waves, storm surge, and flooding. Seawalls are engineered structures made from concrete, steel, or stone designed to withstand repeated wave impact and harsh marine conditions.
Buying a property while the seller's mortgage stays in their name. It's creative financing with training wheels, and your credit report is the crash helmet.
A legal document where the seller reveals known defects, problems, and condition issues to potential buyers. It's the permission slip to blame future problems on honesty instead of your own naivety.