Real Estate Glossary
Real Estate Glossary | |
| Use this real estate glossary to research terms you might run across in a real estate transaction.
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| Home Equity Line of Credit | A mortgage loan, which is usually in a subordinate position, that allows the borrower to obtain multiple advances of the loan proceeds at his or her own discretion, up to an amount that represents a specified percentage of the borrower's equity in a property. | |
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