Contribution to the construction or rehabilitation of a property in the form of labor or services rather than cash.
Contribution to the construction or rehabilitation of a property in the form of labor or services rather than cash.
A drawing or map showing the precise legal boundaries of a property, the location of improvements, easements, rights of way, encroachments, and other physical features.
Any mortgage or other lien that has a priority that is lower than that of the first mortgage.
A housing development that is created by dividing a tract of land into individual lots for sale or lease.
See HUD1 Settlement Statement
The collection of mortgage payments from borrowers and related responsibilities of a loan servicer.
An organization that collects principal and interest payments from borrowers and manages borrowers� escrow accounts. The servicer often services mortgages that have been purchased by an investor in the secondary mortgage market.
An agreement in which the owner of a property provides financing, often in combination with an assumable mortgage.
The property that will be pledged as collateral for a loan.
A loan that is backed by collateral.
The buying and selling of existing mortgages, usually as part of a "pool" of mortgages
A mortgage that has a lien position subordinate to the first mortgage.
A technique in which a seller deeds property to a buyer for a consideration, and the buyer simultaneously leases the property back to the seller.
In joint tenancy, the right of survivors to acquire the interest of a deceased joint tenant.
The right to enter or leave designated premises.