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Glossary of Real Estate terms used by Baja Real Estate Group's website.

There are 367 Real Estate entries in this glossary. Complete with definitions.
Search for Real Estate terms used in Mexico and in the U.S. (regular expression allowed)
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Term Definition
Balloon Loan or Mortgage

A mortgage that typically offers low rates for an initial period of time (usually 5, 7, or 10) years; after that time period elapses, the balance is due or is refinanced by the borrower.