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Popular Real Estate Glossary Terms
Interest rate that exceeds the rate on the old loan but in less than the rate on new loans. It is usually offered by the lender to encourage home buyers to refinance existing, low interest ...
Primarily a British association whose membership includes risk managers and insurance buyers, with the emphasis on risk management. ...
Securement of funds from outside sources such as by borrowing or by attracting equity control. Use of leverage to improve the profitability of a business. Achievement of an investment ...
The right to purchase insurance without physical examination; the present and past physical condition of the applicant are not considered. ...
Services provide to a parcel of land public utility companies, such as gas, water, electricity. ...