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Share comments - Palm Beach InteractiveI’ve stayed largely silent on the William Ayers controversy because, while associating with someone of that nature is completely reprehensible, I’m not altogether convinced it’s a poltically effective attack. (I also wish McCain was putting a ...
Today's Mortgage Terms starting with E
Equity: The difference between the current market value of a property and the total debt outstanding against the property.
Escrow: A transaction in which a third party represents both the buyer and seller, or for borrower and lender, involving the handling of legal documents and disbursement of funds. In some parts of the US, escrow of taxes and insurance premiums are referred to as impound or reserves.
View all Terms