Commercial Land for Sale in South Australia

reverse mortgage
A special type of loan available to equity-rich, older owners. Repayment is not necessary until a borrower sells a property.

fee simple defeasible
The owner of a property holds the fee simple title subject to certain conditions.

PMI (private mortgage insurance)
A form of insurance required by the lender when a borrower's down payment or home equity percentage is less than 20 percent of a home value. This insurance partially protects a lender if a borrower defaults on a loan.

pigtail
A short wire connected to another wire, usually with the wire nut. Normally two or more pigtails may be connected to the single wire for a purpose of making connections to multiple objects (two sockets, two switches, etc.).