Fore Closure

When the holder of mortgage person is not paid any thing even interest or principal then the property is seized. this is know as foreclosure.

Debt Service Coverage Ratio

DSCR:(Debt Service Coverage Ratio)
The amount of cash required to meet principal payments and annual interests is called debt service coverage ratio (DSCR). It can be calculated as follows: Net Income/Total Debt Service Normally this ratio is seen by the bank officers to know property income loans.

Bull Market

The term bull market expects in rise in price of group of security that includes bonds, currency, commodity & financial securities. The bull market may involve investor confidence that the price of security will goes up.

Earned Income

What is Earned Income ?
The income receives towards your hard work is know as earned income. If your boss given a pre paid advance check to you is not is consider as earned income beause you did not make any efforts before to receive that check. It may treated as income after your efforts made by you.

Wash Sales

Wash sales period is 60 days,that includes 30 before and after 30 days from the date of sale when purchase of security.