- Branche: Real estate
- Number of terms: 2794
- Number of blossaries: 0
- Company Profile:
Coldwell Banker is a large real estate franchise founded in 1906 in San Francisco. Coldwell Banker has an international presence, with offices on six continents, 46 countries and territories. There are more than 600 Coldwell Banker offices outside of the United States.
Insurance written by private companies to protect a lender against loss if the borrower defaults on a mortgage. PMI is often required on mortgage loans with less than 20% down payment.
Industry:Real estate
An estimate of the value of a property based on an analysis of sales of properties with similar characteristics.
Industry:Real estate
Usually requires the tenant to pay for property taxes and insurance in addition to the rent.
Industry:Real estate
A clause in a mortgage giving the lender the right to demand payment of the full balance when the borrower sells the property.
Industry:Real estate
A written contract containing a promise to pay a definite amount of money at a definite future time. The evidence of a debt.
Industry:Real estate
Interest paid on original principal and on the accrued and unpaid interest, which has accumulated.
Industry:Real estate
An architectural style dating from early American history typified by a two-story building with clapboard siding.
Industry:Real estate
A single-building improvement which is divided and provides two units which serve as homes to two families.
Industry:Real estate
Additional value granted by a buyer or seller to entice another party to complete a deal.
Industry:Real estate
Many lenders offer loans that you can obtain at "no cost." You should inquire whether this means there are no "lender" costs associated with the loan, or if it also covers the other costs you would normally have in a purchase or refinance transactions, such as title insurance, escrow fees, settlement fees, appraisal, recording fees, notary fees, and others. These are fees and costs which may be associated with buying a home or obtaining a loan, but not charged directly by the lender. Keep in mind that, like a "no-point" loan, the interest rate will be higher than if you obtain a loan that has costs associated with it.
Industry:Real estate
