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Appraisal
Appraisal: An opinion of the value of property resulting from an analysisof facts affecting market value CALL US AT OUR 24 HOUR CUSTOMER...
Annual Percentage Rate (APR)
Annual Percentage Rate (APR): An expression of the percentagerelationship of the total finance charges to the total amount to be...
Amortization
Amortization: The process of paying off a debt in installments over a given period of time without a final balloon payment. ​ CALL US AT...
American Land Title Association (ALTA):
American Land Title Association (ALTA): A national association of title insurance companies, abstractors, and agents. The association...
​All-inclusive Trust Deed (wrap-around mortgage)
​All-inclusive Trust Deed (wrap-around mortgage): A financing technique which involves the creation of a new trust deed which includes...
Agency
​Agency: A relationship created when one person (the principal) delegates toanother (the agent) the right to act on his or her behalf in...
Adjustable Rate Mortgage (ARM)
Adjustable Rate Mortgage (ARM): A mortgage in which the interest rate is adjusted periodically according to a preselected index. The...
Acknowledgement
Acknowledgement: A formal declaration made before a duly authorized officer (usually a notary public) by a person who has executed an...
Abstract of Judgement
Abstract of Judgement: A summary of the essential provisions of a courtjudgement. When recorded, an abstract of judgement creates a...
Understanding The Language of Title And Escrow
​To the unfamiliar, it can often confuse and bewilder. Fannie Mae and Freddie Mac. ARMS and APR. Clear title and Clouded title. Though...
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