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Motivated buyer
Motivated buyer
A prospective buyer who has a strong reason to buy, and quickly.
SIMILAR TERMS--------------------------------------
Motivated seller
Any seller with a strong incentive to make a deal.
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Mortgage-backed security (MBS)
A security guaranteed by pools of mortgages and used to channel funds from securities markets to housing markets. Ginnie Mae has a popular MBS program recognized for its low risk and high yield.
Mortgagee
The lender in a mortgage agreement.
Mortgagee's title insurance
An insurance policy protecting the lender for the amount of the loan in the event of a future title dispute.
Mortgage-interest deduction
Interest expense on a home loan that governments allow homeowners to subtract from their income before computing their income tax.
Mortgagor
The borrower in a mortgage agreement.
Motivated buyer
Motivated seller
Any seller with a strong incentive to make a deal.
Move-in condition
A house that is ready for a new occupant.
Move-up buyer
One who is selling a house to buy a more expensive house.
Moving expenses
Agreement in a lease from the landord to help tenant with the cost of relocation.
Mrs. Murphy's exemption
The common description of the exemption that applies to an owner-occupied building with four or fewer units.
This dictionary contains 6433 terms. |
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