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Net Worth

The value of all of a person's assets, including cash, minus all...

Radon

A radioactive gas found in some homes that in sufficient concentrations can cause health...

Group Home

A single-family residential structure designed or adapted for occupancy by unrelated developmentally disabled persons. The structure...

Hazard Insurance

Insurance coverage that compensates for physical damage to a property from fire, wind, vandalism, or other hazards....

Cash-Out Refinance

A refinance transaction in which the amount of money received from the new loan exceeds the total of the money needed to repay the existing...

Va Mortgage

A mortgage that is guaranteed by the Department of Veterans Affairs (VA). Also known as a government...

Right Of First Refusal

A provision in an agreement that requires the owner of a property to give another party the first opportunity to purchase or lease the...

Firm Commitment

A lender's agreement to make a loan to a specific borrower on a specific...

Public Auction

A meeting in an announced public location to sell property to repay a mortgage that is in...

Mortgagee

The lender in a mortgage...