Assurance | Real Estate Glossary | Realestateagent.com

Definition of "Assurance"

Denise & Gary Franks

Keller Williams Realty

Giving of a promise or guarantee to the receiver to instill confidence.

Employees participating in and covered under an employee benefit insurance plan. ...

Periodic payments to an annuitant. ...

Coverage that provides for replacement of damaged or destroyed property on a new replacement cost ba ...

Life insurance policy under which there is rapid buildup of cash values due to high initial premiums ...

A second mortgage on a property that is not paid off when the first mortgage is refinanced. The sec ...

Liability or loss resulting from an accident. Such liability or losses are covered under such polici ...

A front-end ratio is a ratio of the borrowers monthly housing expenses-including principal, interest ...

A CD, or Certificate of Deposit, is an investment usually made for a given period of time at a fixed ...

A term is the length of a loan. ...

A maintenance fee is a charge by condominium associations, co-ops, or other homeowners associations ...

Basic points relates to changes in the interest rate for your home. ...

The process of finalizing all the dealing associated with the sale and purchase of a home. (Also kno ...

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