Balloon Payment at Real Estate Glossary
What is it? The final lump sum payment due at the end of a balloon mortgage.Real Estate Definition Added By: Ava
The Balloon Payment definition has been viewed 257 Time(s)!
Send To Friends!
If you'd like to send the Balloon Payment definition to yourself or to your friends/colleagues, just enter the e-mail addresses in the boxes below -We hope you now understand the meaning of Balloon Payment. If you need any more information on this term, please don't hesitate to contact us.
Other Similar Real Estate Terms:
Real Estate Term Late payment is A payment a lender receives after the due date has passed.Real Estate Term Installment Sale is An income tax method of reporting gain received from the sale of real estate when the sales price is paid in installments, i.e., where at least one payment is to be received after the close of the taxable year in which the sale occurs. No down payment is
Real Estate Term Indirect Management Costs is Expenses in a budget of a real estate agency or parent company the are partially attributable to the operation of a management department. (See direct management costs)
Real Estate Term Encroachment is An unauthorized invasion or intrusion of an improvement or other real property onto anothers property, thus reducing the size and value of the invaded property. Common examples of encroachments are the roof of a building that extends over the property li
Real Estate Term Back-to-back escrow is Arrangements that an owner makes to oversee the sale of one property and the purchase of another at the same time.