A paper signed by a borrower that gives the lender the right to ownership of property if the borrower does not pay the principal or interest.
The part of a price that is paid at the time of buying on the installment plan.
Fees and expenses paid to complete the transfer of ownership of a home.
Wants to rent out a house for him and his college buddies.
Is a home owner for her and her 15 cats.
An immigrant from Southeastern Asia and wants to find a home so he can go to his dry cleaning job.
- Potential value
- Tax deduction
- Fewer restrictions
- Down payment and closing costs