13.1 Vocabulary

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Across
  1. 3. a loan to purchase real estate
  2. 4. shelter a legal write-off that reduces tax liability
  3. 5. value examining the structure, size, features, and quality as compared to similar homes in the same geographic area
  4. 6. account a fund where money is held by a financial institution to pay amounts that will come due during the year
  5. 8. the difference between the market value of property and amount owed on it
Down
  1. 1. the amount charged by a bank or other lender to process the loan papers
  2. 2. value the highest price that the property will bring on the market
  3. 5. value the cost and quality of the construction, the cost of improvements, and the cost of similar properties
  4. 7. rules designed to maintain property values and protect the interests of all property owners