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Popular Real Estate Glossary Terms
Loan such as a mortgage that the borrower has consistently made payments on when due over many years. The borrower has proven his creditor worthiness. ...
federal law protecting someone in active service from bank foreclosure of their property that was bought before entering the armed services. ...
The portion of the monthly payment that is used to reduce the loan balance. ...
Nonload bearing layer of brick covering a wall of decorative purposes only. The wall is usually constructed of wood framing or masonry block. ...
Individual engaged in selling a product or service. The product may be an investment in real estate. In some instances, state law may require licensing to safeguard the public by requiring ...