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Popular Real Estate Questions

Popular Real Estate Glossary Terms

To put it simply, acquisitions are a common occurrence in the business world, and they happen to small, medium, and large businesses alike. The definition of acquisition is a company ...

Premium income divided by the surplus account. ...

A loan eligible for purchase by the two major federal agencies that buy mortgages, Fannie Mae and Freddie Mac. Conforming mortgages cannot exceed a legal maximum amount, which was $322,700 ...

Partner in a real estate business who remains anonymous but has legal rights and obligations. ...

Record prepared by the rating bureau describing the particulars of an insured property and the applicable premium rate. ...