for Ms. Myers 4/11/2023
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show | when the seller accepts a buyer's offer on the home, usually by signing a Purchase and Sale Agreement already signed by the buyer
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show | a mortgage having an interest rate which is usually initially lower than that of a mortgage with a fixed rate but is adjusted periodically according to the cost of funds to the lender
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show | a table detailing each periodic payment on an amortizing loan, as generated by an amortization calculator
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show | fees paid at the closing of a real estate transaction
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show | a borrower's pledge of specific property to a lender, to secure repayment of a loan
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Counteroffer | show 🗑
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show | a sum of money that is included with your offer to purchase a home
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show | an ownership interest in property that may be offset by debts or other liabilities
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show | a form of compensation to the lender for providing the funds, or extending credit, to a borrower
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Fixed-rate Mortgage | show 🗑
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Interest | show 🗑
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Lien | show 🗑
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Market Value | show 🗑
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show | a form of prepaid interest you can choose to pay up front in exchange for a lower interest rate and monthly payments
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Principal | show 🗑
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Review the information in the table. When you are ready to quiz yourself you can hide individual columns or the entire table. Then you can click on the empty cells to reveal the answer. Try to recall what will be displayed before clicking the empty cell.
To hide a column, click on the column name.
To hide the entire table, click on the "Hide All" button.
You may also shuffle the rows of the table by clicking on the "Shuffle" button.
Or sort by any of the columns using the down arrow next to any column heading.
If you know all the data on any row, you can temporarily remove it by tapping the trash can to the right of the row.
To hide a column, click on the column name.
To hide the entire table, click on the "Hide All" button.
You may also shuffle the rows of the table by clicking on the "Shuffle" button.
Or sort by any of the columns using the down arrow next to any column heading.
If you know all the data on any row, you can temporarily remove it by tapping the trash can to the right of the row.
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Created by:
lawsonharris
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