- Industry: 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.
A loan on which the same rate of interest is charged for the life of the loan.
Industry:Real estate
A loan secured by the equity in a home, when a primary mortgage already exists.
Industry:Real estate
A conventional loan with the same interest rate for the life of the loan.
Industry:Real estate
A loan secured by a mortgage or trust deed, in which the lien is junior, or secondary, to another mortgage or trust deed.
Industry:Real estate
Personal property that is attached to real property and is legally treated as real property when its attached-such as light fixtures and window treatments.
Industry:Real estate
The buying and selling of first mortgages or trust deeds by banks, insurance companies, government agencies, and other mortgagees. This enables lenders to keep an adequate supply of money for new loans. The mortgages may be sold at full value ("par") or above, but are usually sold at a discount. The secondary mortgage market should not be confused with a "second mortgage."
Industry:Real estate
The metal used around the base of roof mounted equipment, or at the junction of angles used to prevent leaking.
Industry:Real estate
A loan that is backed by collateral. In the case of a mortgage loan, the collateral is the house.
Industry:Real estate
Supplemental insurance which covers a home owner for any loss due to water damage from a flood. Often required by lenders for homes located in FEMA-designated flood zones.
Industry:Real estate