: The legal concept of ownership. The Title Deed is the physical (or digital) paper that serves as evidence of that ownership.
: The portion of the home's value that you actually own, calculated as the market value minus your remaining mortgage balance. house buying terms
: The legal process of transferring property from one owner to another. 3. Guidelines for Affordability : The legal concept of ownership
: Most lenders prefer your annual income to be between $100,000 and $125,000 to approve a $400,000 mortgage. Essential real estate terms you should know | Opendoor 000 and $125