Tag: seller
Vendor Take-Back Mortgage
Home Ownership by Country Vendor Take-Back Mortgage What is a 'Vendor Take-Back Mortgage' A vendor take-back mortgage is a type of mortgage...
Land Lease Option
When it comes to buying a home, there are many different options available to you. One of those options is the land lease option....
Land Contract
What is a land contract and how does it works?
A land contract is a contract between the buyer and seller of a piece of...
Lease Option
DefinitionA lease option is a type of contract used in both residential and commercial real estate. In a lease-option, a property owner and tenant...
Earnest Money
DefinitionAn earnest payment is a specific form of security deposit made in some major transactions such as real estate dealings or required by some...
Earnout
What is an earnout and how does it work
An earnout is a performance-based bonus that is paid out over time, typically in addition to...
T+1 (T+2,T+3)
What is 'T+1 (T+2,T+3)' Abbreviations that refer to the settlement date of security transactions. The T stands for transaction date, which is...
Haggle
What is 'Haggle' When two parties involved in the purchase of a good and service negotiate the price until both parties can...