Daily real estate terms daily are posted here to assist you with buying or selling Spring Hill Real Estate. Remember this blog or subscribe to a RSS feed to receive a daily reading of real estate terms or other valuable information posted to this blog.
Negative amortization : The situation occurs when a borrower's monthly payment is not large enough to cover both the principal and interest of a loan. As a result, the outstanding balance of the loan actually grows larger with each payment rather than smaller. Most fixed rate loans are not subject to negative amortization, but many adjustable rate loans are not subject to negative amortization, but many adjustable rate mortgages are susceptible.
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Forbearance : A course of action a lender may pursue to delay foreclosure or legal action against a delinquent borrower.
A complete list of terms may be found at www.soldbychris.com/Glossary/Glossary.htm Hernando County Real Estate Glossary Terms. The Glossary will aid you in the process of buying or selling your next home in Hernando County.
As an REALTOR associate with Exit Success Realty in the Hernando County Real Estate Market. I specialize working in Hernando Beach, Spring Hill, Brooksville and Weeki Wachee cities of Hernando County.
Chris Frantz
Exit Success Realty
13111 Spring Hill Dr.
Spring Hill, Fl 34609
www.soldbychris.com
Brooksville Real Estate
www.springhillfloridarealestateonline.com
Hernando County Real Estate
Working with buyers and sellers of Hernando County Real Estate in the cities of Spring Hill, Hernando Beach, Brooksville, Weeki Wachee and Spring Hill. Search the Hernando County Listing Multiple Listing service for your next home or sign up for emails of homes just listed in Spring Hill or recieve lists of Bank Foreclosure and Short Sales.
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