Choose In Possession | Real Estate Glossary

Definition of "Choose in possession"

Property held by an individual, such as furniture.

An administrator appointed by the government or the courts to administer the laws relating to a gove ...

The amount the borrower promises to repay, as set forth in the loan contract. The loan amount may e ...

Written notice to an insured showing date of termination of an insurance policy. ...

Drain facility usually underground for waste and water disposal consisting on connected pipes. ...

One of two federal agencies that purchase home loans from lenders. The other is Fannie Mae. ...

Property that is adjoining or bordering another property. ...

A mortgage banker is a company that originates mortgages and sells them to a secondary market. ...

An annuity is a long-term, interest-paying contract offered through an insurance company or financia ...

Private mortgage insurance is insurance that protects mortgage lenders against default on loans by p ...

A negative amortization is a type of loan situation that occurs when the monthly payments do not cov ...

A limit on an adjustable-rate mortgage. ...

RealEstateAgent.com calculator will compute your initial payments and estimate your future payments. ...

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