Real Estate Term of the Day
Balloon (payment) mortgage: Usually a short-term fixed-rate loan which involves small payments for a certain period of time and one large payment for the remaining amount of the principal at a time specified in the contract.

Visit the Wyoming Real Estate Multi List
 
Real Estate Term of the Day
Escrow: An account held by the lender into which the home buyer pays money for tax or insurance payments. Also earnest deposits held pending loan closing.

Visit the Wyoming Real Estate Multi List
 
All trib.com RSS feeds have changed!
As a result of our system upgrade, all trib.com RSS feeds have changed. To update your feeds, please visit http://www.trib.com/rss. Thanks!
 
Real Estate Term of the Day
Federal Home Loan Bank Board: (FHLBB) The former name for the regulatory and supervisory agency for federally chartered savings institutions. Agency is now called the Office of Thrift Supervision

Visit the Wyoming Real Estate Multi List
 
Real Estate Term of the Day
Blanket Mortgage: A mortgage covering at least two pieces of real estate as security for the same mortgage.

Visit the Wyoming Real Estate Multi List