| |
|
Menu
|
Free Classifieds and Advertising for Individuals and Businesses at www.KeepSane.com
MONEY The cash deposit (including initial and additional deposits) paid by the prospective buyer of real property as evidence of his good faith intention to complete the transaction; called hand money or a binder in some states. JUNIOR MORTGAGE A mortgage subordinate to the claim of a prior lien or mortgage. In the case of a foreclosure, a senior mortgage or lien will be paid first. INDEX A published rate used by lenders that serves as the basis for determining interest rate changes on ARM loans. ADJUSTMENT INTERVAL On an ARM loan, the time between changes in the interest rate or monthly payment. POWER OF ATTORNEY A written instrument authorizing a person(the attorney-in-fact) to act as the agent on behalf of another to the extent indicated in the instrument. |
|
Realtor in Hampton Roads, Hampton Roads Real Estate Agent www.shaunotoole.com Helping you with all your real estate needs in Hampton Roads |
Chesapeake Virginia Real Estate Agent, Realtor In Chesapeake www.chesapeakeva-re.com Chesapeake Virginia Homes |
Norfolk Virginia Real Estate Agent, Realtor In Norfolk www.norfolkva-re.com Norfolk Virginia Homes |
Virginia Beach Real Estate Agent, Realtor In Va Beach www.virginiabeachva-re.com Virginia Beach Virginia Homes |
Ads |
| ||||
Copyright © 2004-2005 | www.WeWillBuyYourHouseFast.com | Privacy Policy |