CC and Rs (Covenants, Conditions and Restrictions): Limitations placed on the use and enjoyment of real property. These are found most...

Buydown: A financing technique used to reduce the monthly payment forthe home buying borrower during the initial years of ownership....

Broker: A person licensed to act as an agent for another in negotiating the sale, purchase, of real property in return for a fee or...

Bona Fide Purchaser (BFP): One who buys property in good faith, for fairvalue, and without notice of any adverse claim or right of third...

Bill of Sale: An instrument by which title to personal property is transferred or conveyed.​ ​ CALL US AT OUR 24 HOUR CUSTOMER SERVICE...

Beneficiary’s Statement: The statement of a lender which gives the remaining principal balance due on a note and other information...

Beneficiary: The person who is entitled to receive funds or property under the terms and provisions of a will, trust, insurance policy or...

Balloon Payment: The unpaid principal amount of a loan due on a specific date in the future. Usually the amount that must be paid in a...

Assumable: A mortgage loan which can be transferred to another person without a change in the terms of the loan.​ CALL US AT OUR 24 HOUR...

Assessed Valuation: The value that a taxing authority places upon real or personal property for the purpose of taxation. ​ CALL US AT OUR...