SELLER FINANCING
Seller Financing is also referred to as a ‘purchase-money mortgage’ that is a real estate agreement. It states that the purchase price includes the provided finance from a seller. This purchase-money mortgage is provided to the seller as a supplement to the buyer’s consideration for the property purchase. This mortgage is received at the same time as the transfer of the real property due to the fact that it is a simultaneous part of the transaction.
POPULAR TERMS
Liquidity Adjustment Facility
A tool in monetary policy where banks are allowed to borrow money through repurchase agreements, and to respond to liquidity pressures. The governm ...
Data Warehousing
Electronic storage of information in a business or corporation. It should be secure, reliable and easy to retrieve and manage. It originated in 198 ...
One-Tailed Test
A statistical test where the critical area of a circulation is one-sided so that it is either less than or greater than a specific value, but not b ...
Less-than-Truckload
A shipping service that carries small loads of freight, weight between partial and full truckload. The service is being offered by many large and n ...
Original Cost
It simply refers to the total cost associated in buying an asset.
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