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Popular Real Estate Questions

Popular Real Estate Glossary Terms

A mortgage on which the interest rate is constant, but the payments are structured to increase, so the loan is paid off much earlier. ...

Group of insurers or re insurers involved in joint underwriting. Members typically take predetermined shares of premiums, losses, expenses, and profits. Syndicates, more common in ...

Background information used in life and health insurance underwriting to ascertain the probability of hereditary disease. The purpose is to determine if the disease is of such a nature that ...

A mortgage on which half the monthly payment is paid every two weeks. This results in 26 payments per year, which is the equivalent of 13 monthly payments rather than 12. Because of the ...

Money set aside for a possible loss, such as from a fire. ...