Principal | Real Estate Glossary | Realestateagent.com

Definition of "Principal"

A leasehold estate that can be determined by the lesser or lessee at any time. ...

Broker whom, acting as an agent of the listing broker, procures a buyer. ...

Also called a teaser. The starting interest rate of an adjustable rate loan. It generally lasts betw ...

Distribution of a deceased beneficiary's share of an estate among all of his or her living heirs. Co ...

Loan applications that are withdrawn by borrowers, because they have found a better deal or for othe ...

Executive of Travelers Insurance Company who developed the domino theory of accident causation by st ...

Find out what type of home is in your budget by entering a few numbers into our calculator. Our calc ...

A loan origination fee is a fee charged by the lender-usually 1 percent of the loan amount. ...

A treasury index is an index used to determine interest-rate changes for certain adjustable-rate mor ...

People finance to obtain a new loan in order to pay off the existing mortgage or to gain access to t ...

A home warranty is a guarantee for certain features of a new home-for instance, the materials and wo ...

A real estate agent is more than just a \"sales person.\" They act on your behalf as your agent, pr ...

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