Glossary |
Terms that are on use on this site.
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| There are 9 entries in the glossary. |
| Pages: 1 |
| Facilitator | Broker or salesperson who performs services for a Buyer, a Seller, or both but does not represent either, nor do they owe any party any of the fiduciary duties except confidentiality. |
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| Federal Housing Administration (FHA) | A federal agency within the Department of Housing and Urban Development (HUD) that provides mortgage insurance in an effort to encourage lenders to make loans to low and middle income homebuyers. |
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| Federal National Mortgage Association | (Also known as FNMA) Commonly known as Fannie Mae, this is a government supervised secondary market agency. |
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| Fee Simple | Highest and most complete form of ownership, with no time period. |
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| Finance Charge | The charge a borrower is assessed, whether directly or indirectly, in connection with a loan. |
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| Fixture | Personal Property that has been attached to or is closely associated with real property, in such a way that it has legally become part of the property. |
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| Foreclosure | The sale of a property initiated by a lienholder in an effort to satisfy the unpaid lien from the sale proceeds. |
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| Freddie Mac | The popular name for the Federal Home Loan Mortgage Corporation (FHLMC). |
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| Frontage | The distance a property extends along a street or a body of water between the two side boundaries at the front of the lot. |
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Glossary V2.0 |
Real Estate Terms