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Search Term(s):      


Results for  the letter B - Records (1 - 10) of 81

TermDefinition
 
Back fill  Soil used to solidify the foundation of a structure.

Back title letter  A letter that a title insurance company gives to an attorney who then examines the title for insurance purposes.

Back-to-back escrow  Arrangements that an owner makes to oversee the sale of one property and the purchase of another at the same time.

Backup offer  A secondary bid for a propertythat is accepted if the first offer fails.

Backwater valve  A valve in a sewer line that prevents sewage from flowing back into a house.

Balance sheet  A statement that shows the assets, liabilities and net worth of an individual.

Balloon loan  A mortgage in which monthly installments are not large enough to repay the loan by the end of the term. As a result, the final payment due is the lump sum of the remaining principal.

Balloon payment  The final lump sum payment due at the end of a balloon mortgage.

Balloon-frame construction  A type of framing used in two-story homes in which studs extend from the ground to the ceiling of the second floor.

Balustrade  Railing held up by a set of posts on a porch or stairway.
 
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