Page 298 Why Own A Home

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Across
  1. 1. The highest price the property will bring on the market.
  2. 5. Expenses incurred in transferring ownership from buyer to seller in a real estate transaction.
  3. 7. A legal write-off that reduces tax liability.
  4. 8. Amount charged by a bank to process loan papers.
  5. 9. Value prepared by examining structure, size, features, and quality compared to similar houses in the area.
  6. 10. A loan to purchase real estate.
Down
  1. 2. Difference between the market value of property and the amount owed on it.
  2. 3. Rules designed to maintain property values and protects the interest of all property owners.
  3. 4. Value based on the cost and quality of construction, improvements, and similar properties.
  4. 6. A fund where money is held to pay an amount that will come due during the year.