Balloon Mortgage: A short-term mortgage, generally at a fixed rate of interest, to be paid back in predetermined, equal monthly payments with a large final payment for the balance of the loan to be paid at the end of the term. Broker: A person licensed
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Knowledge is power! A Glossary of Real Estate Terms will help you to untangle the complicated web of current real estate language. I'll add weekly to my real estate glossary starting with "A" and ending with "Z" . Feel free to
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