To take back property. A lender holding a mortgage may repossess a property if the buyer fails to make payments. …
Resale Value
A property's future value, which can be affected by many factors including the surrounding neighborhood, school district scores, and economic and housing market conditions. …
Rescission
The cancellation of a contract by law or consent from the parties involved. …
Rehabilitation Mortgage
A mortgage that provides for the costs of repairing and improving a resale home or building. …
Real Estate Investment Trusts (REIT)
Publicly traded companies that own, develop, and operate commercial properties. …
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Release Clause
A provision in a purchase contract that allows a seller to continue marketing their home and accept other offers. …