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Back-end ratio
Back-end ratio The ratio of monthly housing costs (PITI) plus long-term debt service to total monthly income.
RELATED TERMS--------------------------------------
Debt
An amount owed to another.
SIMILAR TERMS--------------------------------------
Back fill
Soil used to solidify the foundation of a structure.
Back title letter
A document that a title insurance company gives to an attorney specifying condition of the title.
Back-end qualification
When qualifying a prospective buyer for financing, the ratio of the borrower's income to monthly debt obligation is a primary consideration.
Back-to-back escrow
A closing that is set up so that one party can finalize the purchase of one property and the sale of another at the same time.
Backlighting
Illumination coming from a source behind or at the side of an object.
Backup offer
An offer to buy, submitted to a seller, with the understanding that the seller has already accepted a prior offer; a secondary offer.
Backwater valve
A valve in a sewer line that prevents sewage from flowing back into a house.
PREVIOUS AND NEXT TERMS--------------------------------------
Bydgoszcz property
Property in Bydgoszcz, Poland. Apartments, flats, houses, offices and other property in Bydgoszcz.
Bytom property
Property in Bytom, Poland. Apartments, flats, houses, offices and other property in Bytom.
Back fill
Soil used to solidify the foundation of a structure.
Back title letter
A document that a title insurance company gives to an attorney specifying condition of the title.
Back-end qualification
When qualifying a prospective buyer for financing, the ratio of the borrower's income to monthly debt obligation is a primary consideration.
Back-end ratio
Backlighting
Illumination coming from a source behind or at the side of an object.
Back-to-back escrow
A closing that is set up so that one party can finalize the purchase of one property and the sale of another at the same time.
Backup offer
An offer to buy, submitted to a seller, with the understanding that the seller has already accepted a prior offer; a secondary offer.
Backwater valve
A valve in a sewer line that prevents sewage from flowing back into a house.
Bail bond lien
A real estate owner who is charged with a crime for which he or she must face trial, and may post bail in the form of real estate rather than cash.
This dictionary contains 6433 terms. |
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