To figure out where you stand on the debt-to-income ratio, you must first understand the meaning of the figure. Most lenders use the ratio 28/36. The ...
A Good Faith Estimate is when a lender must give a prospective homebuyer a written estimate of closing costs within three days of submitting a mortgag ...
A loan-to-value ratio is used by lenders to state how much you have financed. If you put down 20 percent on a purchase, you finance 80 percent and hav ...
Homeowners association is a nonprofit association that manages the common areas of a condominium or \"planned unit development\" (PUD). Unit owners pa ...
Legally enforceable, standardized contract offered by a business for a product or service on a take it or leave it basis. Under its terms, the consum ...
To approximate the worth or valuation of property
To give an appraisal value estimate of property. Property value appraisals are never exact, and are ...
Latin: now for then. Descriptive of actions which are performed after a deadline has elapsed, but retroactively have the same effect as if they were c ...
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