Credit | Real Estate Glossary | Realestateagent.com

Definition of "Credit"

A purchase of real property made on account.
Loan extended to business or individuals to buy real estate.
In taxation, a dollar-for-dollar reduction in taxes. An example of a tax credit is the housing rehabilitation credit.
Form of trust established between a lender and a borrower.

Act that prohibits employers from discriminating against employees in employee benefit plans, regard ...

Sum the insurance company is legally obligated to pay an insured for losses incurred. ...

Coverage for a practicing physician, surgeon, or dentist, when bodily injury, personal injury, and/o ...

Rules regarding day-to-day use of the premises. ...

Timber wood situated on the exteriors of a loading deck to safeguard it from damage resulting when t ...

Term used in the reinsuring of disability income insurance policies in that, after an extended perio ...

A gift letter is when an individual gives you money for a down payment as a gift, that person must w ...

The process of paying off a loan balance. As you make payments, a certain amount is applied to the p ...

A subdivision is a piece of land divided into several plots in which homes are built. ...

RealEstateAgent.com calculator estimates the tax benefit of buying a home. Input your loan parameter ...

Flood insurance is insurance that compensates for the physical property damage resulting from rising ...

Fannie Mae is a name used by the Federal National Mortgage Association, which is a government-charte ...

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