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November 16th, 2020
Bozeman Real Estate Terms
categories: BUYERS INFORMATION, MARKET NEWS, SELLERS INFORMATION
Glossary of Bozeman Real Estate Terms and Acronyms Have you ever wondered about the meaning of various real estate-related terms? ALTA American Land Title Association APR Annual Percentage Rate ARM Adjustable Rate Mortgage ATIMA As Their Interest May Appear BD Buy Down CCR Covenants, Conditions & Restrictions CE Certificate of Eligibility CHFA California Housing Finance […]
Read MoreOctober 5th, 2020
Bozeman Credit Terms
categories: BUYERS INFORMATION, MARKET NEWS, SELLERS INFORMATION
Credit Terms Used In Bozeman Real Estate Transactions Have you ever wondered about the meaning of various credit terms? Amortization: Loan payments made during the term (period of time) of your loan. Amortization is also termed “debt reduction” because debt is reduced with each (monthly) payment. Annual Percentage Rate (APR): The total costs, expressed as […]
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