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Real Estate Glossary

Welcome to our online Real Estate glossary. To search for a term, use the search box below. To browse our terms, click on a letter of the alphabet and browse away!

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Down payment: The amount of money a buyer agrees to give the seller when a sales agreement is signed. Complete financing is later secured with a lender.
As defined by Inman

See Also:
 » Federal Housing Administration (FHA)
 » FHA loans
 » Leverage
 » Low-down-payment loan
 » Mortgage insurance
 » No-documentation loan
 » Private mortgage insurance (PMI)
 » Trade equity
 » Veterans Administration (VA)
 » VA loans

The definition for Down payment and this glossary as a whole are presented to you as a courtesy of ForeclosuresMass. For other terms, explinations, definitions and descriptions, please visit our Glossary page.



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