Today's Real Estate Dictionary

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

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MORTGAGE INSURANCE PREMIUM (MIP) - The amount paid for FHA mortgage insurance. When paid to a private company, it is commonly referred to as Private Mortgage Insurance (PMI).


REAL ESTATE - (1) Lands and anything permanently affixed to the land, such as buildings, fences and those things attached to the buildings, such as light fixtures, plumbing and heating fixtures, or other such items which would be personal property if not attached.

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