Relocation

Relocation

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

Industry: Business services

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Relocation

Destination agent

Business services; Relocation

Agent located at or near your destination that provides necessary services and information at the end of your move.

Desktop underwriter (DU)

Business services; Relocation

Desktop Underwriter is an automated mortgage loan underwriting system that reduces the time, cost, and subjectivity associated with traditional mortgage underwriting.

Compensation provided to employees moved by a company to a location where the cost of living is higher than at the employee's former location. Typically, companies pay the differential as a salary ...

Home finding trip

Business services; Relocation

A home or apartment search in the new area, based on employee's specific requirements and preferences, taken after the employee has made a decision to relocate.

Home equity loan

Business services; Relocation

A mortgage loan, which is usually in a subordinate position, which allows the borrower to obtain multiple advances of the loan proceeds at his or her own discretion, up to an amount that represents a ...

High value article

Business services; Relocation

Items included in a shipment that are valued at a certain amount. These items should be disclosed to the mover to ensure they are protected accordingly.