Glossary of Home Buying Terms
Posted by NewBuyer on December 21, 2009 | No Comments
A concise, easy-to-read listing of terms specific to home buying, covering: adjustable rate mortgage, private mortgage insurance, fixed rate mortgage and more. “Offer to Purchase” is defined by the resource as: “A formal document in which a buyer proposes to buy a property for a specified amount and under certain conditions. Acceptance by the seller creates a contract binding on both parties, subject to any contingencies.”
Source: Anytime Advisor
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Filed Under: Home Buying
