Pledgor

Definition of "Pledgor"

Individual making the payments in a mortgage or pledging a mortgage or property.

Search Real Estate Glossary

Related Real Estate Glossary terms

Direct Sales Comparison Approach To Value

Appraisal approach where property values are estimated by comparing current comparable sales. See a ...

Original Age Conversion

Same as term Original Age: insured's age at the date a term life insurance policy is issued. An orig ...

Builders Risk Hull Insurance

Property coverage for a builder of ships until possession passes to the owners. Protects against pre ...

Biannual

Occurring two times per year; also called semiannual. On the other hand, biennial means occurring ea ...

Capital Gains Or Losses

Any gain or loss from selling of capital assets. The gain or loss is the difference between the net ...

Millage Rate

Property tax rate whereby each mill is $1 of tax assessment per $1,000 of assessed property value. F ...

Related Real Estate FAQ

What Is A Qualifying Ratio?

A qualifying ratio is the percentages a lender compares to see whether you qualify for a loan. ...

What Is A Proprietary Lease?

A proprietary lease is lease used for co-ops that give the shareowners the right to live in a partic ...

What Is An Origination Fee?

An origination fee is a fee paid to a lender for processing a loan application. ...

What Is A Balloon Mortgage?

A type of mortgage in which the loan amount is amortized over the full length of the loan (usually 3 ...

What Is A Buydown?

A type of financing in which a developer or seller arranges for the buyer to get a loan at a rate be ...

How Much Income Do I Need ?

Mortgage companies use ratios to analyze your mortgage payment. The housing payment ratio (or front ...

Read why Real Estate Agent rates 5 Stars in 10 Agent Reviews

Agents join here

Add our widget on your Website

Real Estate Advice

Should you Buy a Home with Cash? Tax Breaks for the First Time Home Buyer 10 Tips for Homebuyers How To Choose A Realtor 7 Things to Consider Before Moving to a New City

FAQ

What is an annuity? What do I need to know about Business Insurance? What are the benefits of Commercial Auto Insurance? What is flood insurance? What do I need to know about Pet Insurance?