- Industry: Real estate
- Number of terms: 9847
- Number of blossaries: 0
- Company Profile:
Century 21 Real Estate LLC is a real estate agent franchise company founded in 1971. The Century 21 System consists of over 7,800 independently owned and operated offices. Century 21 has offices in all 50 states and in more than 67 countries and territories.
The reduction of a debt over time by making periodic payments, usually monthly, a portion of which is interest and a portion of which reduces the outstanding amount of the debt. The monthly mortgage payments remain the same over the life of the loan, even though the proportion of principal to interest changes over time. In the early part of the loan period the principal repayment is very small and interest repayment is very high. At the end of the loan that relationship is reversed.
Industry:Real estate
The breakdown of individual payments throughout the life of an amortised loan, showing both principal contribution and debt service (interest) fees.
Industry:Real estate
To repay a mortgage with regular payments that cover both principal and interest.
Industry:Real estate
A form used to apply for a mortgage loan that details a potential borrower's income, debt, savings and other information used to determine credit worthiness.
Industry:Real estate
A written analysis by a certified appraiser used to determine the estimated value of real estate property.
Industry:Real estate
One who holds a power of attorney from another to execute documents on behalf of the grantor of the power.
Industry:Real estate
A financial statement the shows assets, liabilities, and net worth as of a specific date. created when one person, the principal, delegates to another, the agent, the right to act on his/her behalf in business transactions and to excuse some degree of disaction while so acting.
Industry:Real estate
A person, firm, or corporation that, through a court proceeding, is relieved from the payment of all debts after the surrender of all assets to a court-appointed trustee.
Industry:Real estate
