The minimum distance a house or building must be from the lot line. …
Second Mortgage
A second loan placed upon a piece of property. A mortgage registered against real property which is already encumbered with one mortgage. Date and time of registration determines which is first and …
Secondary Mortgage Market
A market of packaged home loans that are resold as securities to investors. Major players in this market are Fannie Mae and Freddie Mac. …
Secured Loan
A loan backed by collateral. …
Security
A piece of property designated as collateral. …
Seller Carry-Back
An agreement in which the seller provides financing for a home purchase.Exploring Seller Carry-Back: A Unique Real Estate Financing OptionSeller carry-back is an unconventional financing …