This is the final installment of our series on understanding real estate terminology. I hope that you have found this series to be useful and beneficial. • Principal is the amount of money that you borrow. Every time you make a payment on your … [Read more...]
Understanding Real Estate Terminology Part 3
October 25, 2008 By 2 Comments
Now we will continue with a look at common real estate words and what they mean. • Easement is the right to use some or all of the land that is owned by someone else for specific purposes. For instance if there is a river that borders your … [Read more...]
