The Finances of Housing
Across
- 2. another person take over rental unit and payments
- 5. the value of a home less the amount still owed on the loan
- 7. the person who owns the property that is rented
- 8. protected with private mortgage insurance
- 11. a long term loan extended to someone who buys property
- 12. process of reducing the balance of a loan
Down
- 1. signed when a buyer and seller agree on a price
- 3. meeting of buyer, seller and lender to complete transaction
- 4. protected with title insurance
- 6. a fee paid by the seller of a home after the sale
- 9. document transferring ownership of a home from seller to buyer
- 10. person who pays for the right to live in someone's property