Chapter 7 Vocabulary Crossword
                                  
                                  
                                  
                                  
                                  
                                  
                                  
                                  
                                  
                                  
                                  
                                  
                                  
                                  
                                  
                                  
                                  
                                  
                                  
                                  
                                  
                                  
                                  
                                  
                                  
                                  
 
 
Down: 1) a mortgage with an interest rate that increases or decreases during the life of the loan2) an amount of money paid to the owner of the property by a tenant to guard against any financial loss or damage that the tenant might cause4) a legal document that defines the conditions of the rental agreement between the tenant and the landlord6) the ability to move easily from place to place8) a type of insurance that covers the loss of a tenant's personal property as a result of damage or theft12) an estimate of the current value of the property14) extra charges that must be paid by the buyer to the lender in order to get a lower interest rate17) the value of the home less the amount still owed on the money borrowed to purchase it Across: 3) the reduction of a loan balance through payments made over a period of time5) the official document transferring ownership from seller to buyer7) a mortgage with a fixed interest rate and fixed schedule of payments9) a meeting of the seller, the buyer, and the lender of funds, or representatives of each party, to complete the transaction10) a type of insurance that protects the buyer if problems with the title are found later11) a long-term loan extended to someone who buys property13) an account where money is held in trust until it can be delivered to a designated party15) obtaining a new mortgage to replace an existing one16) a special policy that protects the lender in case the buyer cannot make payments or cannot make them on time18) a person who pays for the right to live in a residence owned by someone else19) the person who owns the property that is rented20) a loan based on the difference between the current market value of a home and the amount the borrower owes on the mortgage
 

 

Create your own Crossword Puzzle for Free!		  Show Errors as I Type