Tract | Real Estate Glossary | Realestateagent.com

Definition of "Tract"

Extended area of land commonly held for subdividing and development into residential units.

Amount designated as a future liability for life or health insurance to meet the difference between ...

A bundle of mortgage characteristics that lenders view as comprising a distinct category. The chara ...

Adjustable rate mortgages on which the interest rate is mechanically determined based on the value o ...

Availability of houses in an area. ...

Coverage issued to a creditor on the lives of debtors for outstanding loans. If a debtor dies before ...

Sewer whose sole purpose is o carry away domestic waste water. ...

Homeowners association is a nonprofit association that manages the common areas of a condominium or ...

RealEstateAgent.com calculator will compute your initial payments and estimate your future payments. ...

A negative amortization is a type of loan situation that occurs when the monthly payments do not cov ...

A gated community is a community of homes where you must pass through a security gate in order to en ...

An interest rate is the percentage the lender charges you for borrowing money. ...

Earnest money is a deposit you make when you make an offer on a house. ...

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