NY REAL ESTATE TRENDS
brought to you by
Neglia Appraisals Inc.
P 718.331.2122
F 718.331.4311
Home
Data Search
New York City Average Sale Prices
Using the Data
Other Services
FAQ
Glossary
About Neglia Appraisals
Founder and CEO
Contact Us
Articles
Neglia.com
GLOSSARY
A
|
B
|
C
|
D
|
E
|
F
|
G
|
H
|
I
|
J
|
L
|
M
|
N
|
O
|
P
|
R
|
S
|
T
|
Biweekly Accelerated Mortgage
A mortgage repaid in biweekly payments. A biweekly payment is equal to one-half the regular monthly payment. This reduced payment is then paid biweekly or 26 times per year. Under this accelerated plan, the borrower pays off more principal than a borrower making monthly payments.
Blanket Mortgage
A mortgage covering more than one property of the mortgagor, such as a mortgage covering all the lots in a subdivision.
A
|
B
|
C
|
D
|
E
|
F
|
G
|
H
|
I
|
J
|
L
|
M
|
N
|
O
|
P
|
R
|
S
|
T
|
©2000, Neglia Appraisals Inc. All rights reserved.
Content Provided By:
