Foreclosure Secrets Revealed

Archives by Tag 'Contract'

Glossary and Real Estate Terms

Abstract of Title- A summarized history of the title of real property. Acceleration Clause- A clause that provides, at the option of the lender, the entire unpaid balance of the note would be due immediately upon failure to make a required monthly payment. Accrued Interest- Accumulated interest due but not paid. Acknowledgment- Legal declaration before [...]