Today's Real Estate Dictionary

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

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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.


WALK-THROUGH INSPECTION - An inspection of property by a buyer very close to the time for closing to determine that the condition of the property has not changed since the purchase contract was executed or that promised changes have been made.

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