DOWN PAYMENT

DOWN PAYMENT

Down payments are a percentage of the total cost of a loan that a buyer pays upfront before securing a loan. All conventional loans have a required down payment as well as a minimum down payment. A down payment can be defined as a percentage of a loan that a borrower...

LISTED PRICE

Definition of Listed Price The English dictionary definition of the term listed price is the cost of an item that is on display in a catalog, price list, or advertisement before any discount. In the real estate industry the list price refers to the owner’s...