Foreclosure Dictionary
Foreclosure Dictionary

at Foreclosures.com

Abandonment

Abstract Of Judgment

Acceleration Clause

Acceptance

Accrued Items of Expense

Adjustable Rate Mortgage (ARM)

Alienation

Alienation/Acceleration/Due on Sale Clause

All-Inclusive Deed or Trust

Amortization

Amortization Mortgage

Apportionment

Appraisal

Appraisal by Comparison

Appurtenance

As Is

Assessed Valuation

Assessment

Assessor

Assessor's Parcel Number

Assignment

Assignment Deed of Trust

Assignment of Rents

Assumes and Agrees to Pay

Assumption of Mortgage

Auction

Automatic Stay

Balance Owed on Loan

Balloon Payment

Bankruptcy

Bearer

Beneficiary

Beneficiary's Statement

Bill of Complaint

Bill of Sale

Bond

Broker Price Opinion

Buydown

Capitol Improvement

Certificate of Sale

Chain of Title

Chapter 13

Chapter 7

Chattel

Chattel Mortgage

Clear Title

Client

Closing Date

Cloud on the Title

Collateral

Collections

Color of Title

Condemnation

Conditional Sales Contract

Condominium

Conforming Loans

Conservatorship

Consideration

Constructive Notice

Contingency Fee

Contract for Deed

Conventional Lender

Conventional Loan

Conversion

Conveyance

Correlation

Covenants

Coverage

Cram-down

Credit

Cured Default

Current Value

Damages

Debt Service

Decree

Deed

Deed in Lieu of Foreclosure

Deed of Reconveyance

Deed of Restriction

Deed of Trust (Trust Deed)

Deed of Trust and Assignment of Rents

Default

Defeasance Clause

Defeased

Defendant's Original Answer

Deficiency

Deficiency Judgment

Delinquency

Demand Note

Department of Veterans Affairs

Discharge of Indebtedness or Debt

Discovery

Documentary Transfer Tax

Double Whammy

Down Payment

Due on Encumbrance

Due on Sale

Earnest Money

Earnest Money Contract

Easement

Encroachment

Entry and Possession

Equity

Equity Cushion

Equity Loan

Equity Right of Redemption

Equity Skimmer

Escrow

Estate

Estoppel Certificate

Eviction

Exclusive Right to Sell

Execution Sale

Extending Loan Term

Extension Agreement

Fair Credit Reporting Act

Fair Market Value

Fannie Mae

FCL

Federal Deposit Insurance Corporation (FDIC)

Federal Home Loan Mortgage Corporation (Freddie Mac)

Federal Housing Administration (FHA)

Federal National Mortgage Association (Fannie Mae)

Federal Savings and Loan Insurance Corporation (FSLIC)

FHA Guidelines

FHA Mortgage

FHLMC

First Lien

First Mortgage

FNMA

For Sale by Owner (FSBO)

Forbearance

Foreclosure

Fraud

Freddie Mac

Freeze Order

FSA

Full Assumption

Ginnie Mae

Good Repair

Government National Mortgage Association

Grace Period

Grant

Grant Deed

Grantee

Grantor

Guarantee

Hearing

Homestead

Housing and Urban Development (HUD)

Hypothecate

Impound Account

Incumbrance

Installment

Instrument

Internal Revenue Service (IRS)

Involuntary Lien

Jeopardy

Joint Tenancy

Judgment

Judicial Foreclosure

Junior Lien Holder

Junior Mortgage

Land Sale Contract

Late Payments

Lease With Option To Buy

Lender Approval

Lender Liability

Liability

Lien

Lien Holder

Life Estate

Life Tenant

Liquidating Plan

Liquidation Appraisal

Lis Pendens

Listing Agreement

Loan Balance

Loan Modification

Loan Officer

Loan Pool

Loan Processor

Lot Book Report

Marketable Title

Maven

Mechanic's Lien

Metes and Bounds

Misrepresentation

Mortgage

Mortgage Commitment

Mortgage Company

Mortgage Guaranty Insurance Corporation (MGIC)

Mortgage Instrument

Mortgage Lien

Mortgage Reduction Certificate

Mortgagee

Mortgagee's Title Policy

Mortgagor

Motion to Lift Stay

Negative Equity

Non-judicial Foreclosure

Notary Public

Note

Notice Of Default

Notice Of Rescission

One Action Rule

Open Mortgage

Origination

Owner-Occupied

Partial Payments

Performance Bond

Plat Book

PMI-Assisted Presale

Points

Positive Equity

Posting

Power Of Attorney

Power-Of-Sale Clause

Prepaids

Prepayment Clause

Primary Lender

Private Mortgage Insurance (PMI)

Property Condition

Prorations

Purchase Money Mortgage

Qualifying

Quiet Title Suit

Quitclaim Deed

Real Estate Owned (REO)

Recasting

Receivership

Reconveyance

Recording

Recourse

Redemption

Refinance

Release Clause

Release Of Liability

Relief

Removal

Repayment Plan

Request For Notice Of Default

Right Of Rescission

Right Of Survivorship

Sales Contract

Satisfaction Piece

Scire Facias

Second Deed Of Trust

Second Mortgage

Secondary Market

Servicing

Sheriff's Deed

Short Sale

Simple Assumption

Special Assessment

Strict Foreclosure

Subdivision

Subject-To Clause

Subordinate Clause

Subrogation For Mortgage Insurers

Substitution of Trustee

Summary Judgment

Survey

Tax Sale

Temporary Injunction

Temporary Restraining Order

Tenancy At Will

Tenancy By The Entirety

Tenancy In Common

Title

Title Defect

Title Insurance

Title Report

Title Search

Trust Deed

Trustee

Trustee's Deed

Trustee's Sale

Trustee's Sale Guarantee

Truth In Lending Act

Turnover Order

Underwriter

Undivided Interest

Upside-Down Home

Vendee's Lien

Verification Of Deposit

Verification Of Employment

Veterans Administration

Wage Earner's Plan

Warranty Deed

Without Recourse

Workout

Wraparound

Wraparound Loan

Writ of Execution

Writ of Garnishment

Writ Of Possession

Wrongful Foreclosure

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