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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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Principal: The amount of money that the borrower owes on a mortgage.
As defined by Inman

See Also:
 » Additional principal payment
 » Add-on interest
 » Amortization
 » Annual mortgagor statement
 » Balloon loan
 » Compound interest
 » Growing-equity mortgage
 » Limited partnership
 » Negative amortization
 » Net cash flow
 » No cash-out refinance
 » Original principal balance
 » PITI (Principal, Interest, Taxes, Insurance)
 » Remaining balance
 » Auctioneer Subcontractor
 » Clerk
 » Dual Agency

The definition for Principal 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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