Today's Real Estate Dictionary

A service of Fort-Worth-Appraiser.us   Enjoy!

MARKET VALUE - The highest price a willing buyer would pay and a willing seller accept, both being fully informed, and the property exposed for a reasonable period of time.
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NO CASH OUT REFINANCE - Replacing an existing mortgage or mortgages with a new mortgage in an amount that does not give the borrower money over and above the paying off of the existing liens and the cost of the new loan.

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