|
assureamericatitleinsurance.com
|
0 earned Badges No badges were found
Definitions (54)
1 |
0
0
Menu
Home
Meaning awaits approval from a moderator |
2 |
0
0
Abstract Title
A condensed history or a summary of all transactions affecting a particular area of land.
Meaning awaits approval from a moderator |
3 |
0
0
Adjustable rate mortgages
Mortgage with an interest rate that can change up or down depending on an indicator. These are often based on something like the current rate of Treasury bills.
Meaning awaits approval from a moderator |
6 |
0
0
Amortize
To reduce debt by regular periodic payments that include amounts applicable to principal and interest.
Meaning awaits approval from a moderator |
7 |
0
0
APR - Annual Percentage Rate
Annual percentage rate, a measure of the cost of credit that must be reported by lenders under the Truth in Lending regulations. APR takes into account the interest rate in advance fees paid by the bo [..]
Meaning awaits approval from a moderator |
8 |
0
0
ASSUMPTION
A mortgage that allows a new owner to take over the payments. The original borrower remains subject in the mortgage note.
Meaning awaits approval from a moderator |
9 |
0
0
DEED
A written document by which the land is transferred from one person to another.
Meaning awaits approval from a moderator |
10 |
0
0
DEED OF TRUST
Instrument used to secure a loan for real estate. Like a mortgage, deed of trust is generally used in the south. The main difference is in how foreclosures are handled. Foreclosures are much faster wi [..]
Meaning awaits approval from a moderator |
To view all 54 definitions, please sign in.