Residential Property | Real Estate Glossary

Definition of "Residential property"

Owner-occupied housing.

Entitlement of a participant in an employee benefit insurance plan to receive benefits regardless of ...

Same as term junior mortgage: Mortgage placed on a property after a previous mortgage. It can be a s ...

Scheme to recapture excess pension assets by splitting a qualified plan in two, and terminating one ...

Historical record of dividends paid. ...

Restitution or compensation for harm or wrong done. ...

Financial statement, issued by the insurance company on a monthly basis to its agents, showing for e ...

A credit report is a report of all your debt information compiled by an independent agency. The cred ...

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

A mortgage insurance premium is a policy that insures the lender against loss if the homeowner defau ...

Equity is the financial interest or cash value of your home, minus the current loan balance(s). If s ...

FSBO means for sale by owner. ...

This calculator figures how much interest savings you will have depending on how much extra you pay ...

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