Houses for sale in Warrawong

restructured loan
A mortgage in which new terms may be negotiated.

replacement reserve fund
Money which is set aside from homeowners' assessments to replace common property such as furniture in the planned development's community room.

option listing
A listing agreement with the clause which gives a listing broker a right to purchase a property.

unsecured loan
An unsecured loan is the loan which is not backed up by collateral. Often, loans from family members or pesonal acquaintances may be unsecured loans. the gift from another person which is not expected to be repaid is not an unsecured loan.