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Real estate
Of or pertaining to property of land and the buildings on it. This also includes any minerals, crops, or any other natural resource. The business of real estate is the buying, selling, or renting property.
6Categories 16551Terms
Add a new termContributors in Real estate
Real estate > Mortgage 
self-employed borrower
Banking; Mortgage
A borrower who must document income using tax returns rather than information provided by an employer.
seller contribution
Banking; Mortgage
A contribution to a borrower's down payment or settlement costs made by a home seller, as an alternative to a price reduction.
seller financing
Banking; Mortgage
Provision of a mortgage by the seller of a house, often a second mortgage, as a condition of the sale.
servicing agent
Banking; Mortgage
The party who services a loan, who may or may not be the lender who originated it.
homeowners insurance
Banking; Mortgage
Insurance purchased by the borrower, and required by the lender, to protect the property against loss from fire and other hazards.
loan amount
Banking; Mortgage
The amount the borrower promises to repay, as set forth in the mortgage contract. It differs from the amount of cash disbursed by the lender by the amount of points and other ...
Sub-categories
- Commercial (226)
- Contracts (13098)
- Corporate (746)
- Home improvement (1576)
- Mortgage (522)
- Residential (169)