Package loan
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  Package loan



Package loan

   A real estate loan used to finance the purchase of both real property and personal property, such as in the purchase of a new home that includes carpeting, window coverings and major appliances.

RELATED TERMS
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Estate
The ownership interest of a person in real property, also used to refer to a deceased person's property.

Loan
A sum of borrowed money (principal) that is generally repaid with interest.

Property
The rights of ownership. The right to use, possess, enjoy, and dispose of a thing in every legal way and to exclude everyone else from interfering with these rights.



SIMILAR TERMS
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Package mortgage
Mortgage covering both real and personal property.



PREVIOUS AND NEXT TERMS
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Property in Putian, China. Apartments, flats, houses, offices and other property in Putian.

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Property in Puyang, China. Apartments, flats, houses, offices and other property in Puyang.

Pyatigorsk property
Property in Pyatigorsk, Russia. Apartments, flats, houses, offices and other property in Pyatigorsk.

Port Vila property
Property in Port Vila, Vanuatu. Apartments, flats, houses, offices and other property in Port Vila.

P trap
A drainage plumbing pipe in the approximate shape of a "p" laid on its face, providing a trap that prevents sewer gasses from entering the living space.

Package loan

Package mortgage
Mortgage covering both real and personal property.

Panel
A section or division of a wall, ceiling or a flat piece of building material that forms the part of the surface of a wall, door or cabinet.

Paneling
Strips of wood or wood material applied as a finish to a wall.

Paper
A mortgage, deed of trust or land contract which is given instead of cash.

Par
The face value of a bond or security.

This dictionary contains 6433 terms.
      












                    © Real Estate Dictionary 2005 - All rights reserved -

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