Equity Mortgage
Definition of "Equity mortgage"
Financing of a home based on how much equity the homeowner has in it. The interest rate is typically a variable one.
Popular Real Estate Terms
Claim made by a federal or local government agency against a taxpayer's property for delinquent or overdue taxes. The tax lien is effected through tax assessment, demand, and failure to ...
Restoring real property to an improved state. The restoration is usually needed because the property's condition has worsened. ...
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Deed that states "love and affection" as the consideration for the gifted real estate. ...
Once of a set of timbers used in the construction of a building or for esthetic purpose, the land around a property for beautification. ...
(1) Price a buyer is willing to pay, or bid, for a certain piece of property. It is the highest price offered to buy the property. (2) Price per share that shareholders receive when they ...
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Any written evidence or tangible material which can be reproduced as written material which is coherent and related to the subject at hand. This includes documents, contracts, inscriptions ...
See assumption of mortgage; deed of trust. ...
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