SELLER FINANCING
Seller Financing is also referred to as a ‘purchase-money mortgage’ that is a real estate agreement. It states that the purchase price includes the provided finance from a seller. This purchase-money mortgage is provided to the seller as a supplement to the buyer’s consideration for the property purchase. This mortgage is received at the same time as the transfer of the real property due to the fact that it is a simultaneous part of the transaction.
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Robert C. Merton
American economist who won the 1997 Nobel Memorial prize in Economic Sciences, along with Myron Scholes, for developing the Black-Sholes model, whi ...
Buy Stops Above
Recommendation to purchase a given security once a security’s price surpasses a particular resistance level by putting a buy stop order at th ...
Admitted Company
An insurance company admitted and allowed by an another state to transact insurance business despite having a domiciled status on an another state. ...
Black Box Model
Computer program, process, or system processing the information entered by the user using pre-programmed logic in order to produce the user’s ...
Form 3903
A form issued by the IRS and used by taxpayers to deduct moving expenses related to taking a new job.
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