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Real Estate Crossword

Across
recently sold properties that help appraisers determine a home’s fair market value.
assortment of fees, including fees charged by: a lender, the title company, attorneys, insurance companies, taxing authorities, homeowner’s associations, real estate agents, and other closing settlement related companies.
someone licensed to represent a buyer or seller in a real estate transaction
examines public records for the history of the home, including sales, purchases, and tax and other types of liens.
database abbreviation that allows real estate agent and broker members to access and add information about properties for sale in an area
a legal document sellers must fill out stating any home defects that may affect its value
the period of time when a buyer examines a home’s condition and contract terms before becoming legally obligated to purchase
happens when the borrower purchases a lower interest rate by paying a premium called a “point.”
part of your down payment paid before closing to show you are serious about purchasing a home
a clause that buyers include when making an offer on a home that allows them to back out of buying the house if the terms of the clause aren't met
happens when a homeowner dies without writing a will or leaving a property to someone
Down
Abbreviation of a loan where you can borrow money against your home’s equity when you want it, not as a lump sum
payment for the Realtor based on the completion of a sale
When a borrower fails to make agreed-upon payments to the lender, the lender can take possession of the home in a legal process
Abbreviation for a private association that manages a planned community or condominium
a home’s increased value over time.
a payment schedule outlining what goes toward principal and interest balances
The government retains the right to take private property and convert it for public use if it compensates the owner fairly.
only one person, corporation, or other legal entity has the rights and responsibilities for a property
a legal document showing property ownership
put an offer on a home without seeing it in person
the market value of the home and subtract any mortgages or liens against the property