Mortgage Broker: – David Reecher A mortgage broker is a lender who can shop loans from multiple banks. Sometimes a mortgage broker can get a better deal for buyers by checking with different ba...Read More
Mortgage – David Reecher A type of loan used to buy houses with a portion of the payment going towards interest and principal each month. Money may also be collected every month for property taxes a...Read More
MLS – David Reecher Multiple Listing Service (MLS), is a marketing database set up by a group of cooperating real estate brokers. It also is a mechanism for listing brokers to offer compensation to ...Read More
Material Fact – David Reecher A fact that, if known, might have caused a buyer or seller of real estate to make a different decision with regards to remaining in a contract or to the price paid or r...Read More
Loan Payoff – David Reecher A statement prepared by a lender showing the remaining terms on a mortgage or other loan. The payoff statement shows the remaining loan balance and number of payments and...Read More
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