Financial Intermediaries
Same as term financial institutions: Institutions acting as intermediaries between suppliers and users of money. The financial markets are where those wanting funds are matched with those having surplus funds. The financial markets consist of money markets and capital markets. Money markets are the markets for short-term debt securities such federal agency securities, banker's acceptances, and negotiable certificates of deposit issued by public and private institutions. The New York Stock Exchange and American Stock Exchange are examples of capital markets. These exchanges are organized markets.. There are others markets such as the mortgage market which handling various real estate mortgages. A primary market refers to the market for new issues, while a secondary market deals with previously issued securities being exchange.
Popular Real Estate Terms
Unsecured long-term debt. There is no collateral or lien on the property. A debenture can only be issued by a financially sound borrower with an excellent credit rating because no ...
Claude in a contract, title, or mortgage that is subject to being annulled, repealed, or revoked upon the satisfaction of a claim or completion of a future event. ...
Changing property ownership. An example is the sale of a home to another. ...
(1) Paved roadway constructed above lowlands such as a swamp. (2) Roadway in ancient Egypt connecting the valley temple with a pyramid. ...
Something that is inferred, but not explicitly stated. The inference may be deducted from the relevant information. ...
Buyer who is acting in good faith, is not aware of any outstanding claims or rights of others to the property, and has given valuable consideration as part of the business transaction. ...
Intentionally misstated or undisclosed facts, statements or representations. Misrepresentation is a form of fraud which could lead to cancellation of a contract or other liability. For ...
Legal status conferred by certain states on a homeowner's principal residence. In certain states, homestead status may provide protection against creditor claims or forced land sales ...
Thinking about selling your own home without an agent? You can. For Sale By Owner or FSBO is how it’s called in the real estate world. It's when a homeowner decides to sell his/her ...
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