Second Mortgage at Real Estate Glossary
What is it? Another loan placed upon a piece of property.Real Estate Definition Added By: Kate
The Second Mortgage definition has been viewed 149 Time(s)!
Send To Friends!
If you'd like to send the Second Mortgage 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 Second Mortgage. If you need any more information on this term, please don't hesitate to contact us.
Other Similar Real Estate Terms:
Real Estate Term Broker is A person licensed by the state to deal in real estate.Real Estate Term Soils test is A test of the subsoil to ensure that foundations can be safely constructed.
Real Estate Term Regulation Z is Implements the Truth-in-Lending Act requiring credit institutions to inform borrowers of the true cost of obtaining credit.
Real Estate Term Single-Family, Owner-Occupied Dwellings is A dwelling which will be owned and occupied by a signatory to the mortgage or deed of trust secured by such dwelling within 90 days of the execution of the mortgage or deed of trust.
Real Estate Term Company Dollar is The term company dollar is the amount left over after all commissions have been paid out.