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The absolute total interest in real property.
compare LIFE ESTATE, REVERSION
FEDERAL HOME LOAN MORTGAGE CORPORATION
A affiliate of the Federal Home Loan Bank which creates a secondary money market in conventional residential loans and in FHA and VA loans by purchasing mortgage loans from members of the Federal Reserve System and the Federal Home Loan Bank Systems.
A relationship of trust and confidence between principal and agent; lawyer and client; doctor and patient; etc.
Items that can be removed from the property, such as furniture.
Items that are part of the property, such as baths, dishwashers and curtain rods. A FIXTURE becomes part of the real property.
The process by which a lender sells property securing a loan in order to repay the loan. Under a DEED OF TRUST, foreclosure is by public auction after appropriate advertisement. A MORTGAGE may require the lender to obtain Court approval prior to sale.
This indicates that the dwelling and the land it sits on are owned indefinitely by the owner.
This is the area within Central Region, excluding the Central Area. It comprises the following 11 Planning Areas : Bukit Merah, Bukit Timah, Queenstown, Kallang, Bishan, Marine Parade, Geylang, Toa Payoh, Tanglin, Novena and Southern Islands.
FULLY INDEXED NOTE RATE
As related to adjustable rate mortgages, the index value at the time of application plus the gross margin stated in the note.
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*Please note that information provided is as it is basis, whilst every effort has been made to provide up-to-date information. The author is not responsible for inaccuracies or whatsoever as a result from using this information.
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