Say What? Home-Buying Lingo You Should Know
Zillow
JULY 15, 2019
Escrow account : An account required by a lender and funded by a buyer's mortgage payment to pay the buyer's homeowners insurance and property taxes. Foreclosure : A property repossessed by a bank when the owner fails to make mortgage payments. VantageScore : A credit scoring model lenders use to make lending decisions.
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