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Do you know what "Possession" means?
 
  
  • See also: Real Estate Glossary

    • Seller take-back

    When the seller receives only a portion of the sales price at closing, and the balance he finances to the buyer in the form of a promissory note secured by the real estate purchased. See Owner Financing

    See also:
  • Second Home
  • Second Mortgage
  • Secondary Mortgage Market
  • Seller financing
  • Seller take-back
  • Selling Agent
  • Settlement
  • Settlement Statement
  • Special assessment
  • Special Stipulations
  • Subject to
  • Subject to mortgage
  • Subordination clause
  • Subsidized Second Mortgage
  • Survey
  • Sweat Equity
  • Swing loan
    •  
  • See also: Real Estate Glossary

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