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Popular Real Estate Questions

Popular Real Estate Glossary Terms

Real rate of interest on a loan. It is the coupon rate divided by the net proceeds of the loan. Assume Sharon took out a $1,000,000, on year, 10% discounted loan to buy real estate. The ...

Specified limit on the dollar amount of coverage for a given loss. ...

Method of selling insurance in which the insured purchases the product directly from the insurance company and not through an agent. ...

Heating system dependent upon radiators in each room of the structure. The steam goes form the boiler through pipes to the radiators. A two-pipe system should be employed for larger ...

A variety of unsavory lender practices designed to take advantage of unwary borrowers. Predatory lending covers much the same ground as Mortgage Scams and Tricks/Scams by Loan Providers. ...