Personal property permanently attached to real estate, becoming part of it.

Insurance covering property damage from flooding, often required in high-risk areas.

An agreement between lender and borrower to temporarily reduce or pause payments.

The process of gradually paying off a loan through scheduled payments over a set period.

A legal right or claim against a property as security for a debt or obligation.

The difference between the market value of a property and the outstanding amount of any liens or mortgages on it.

A financial metric that compares an individual’s monthly debt payments to their gross monthly income.

A type of insurance that protects buyers and lenders from financial loss due to defects in a property’s title.