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Austin Texas Real Estate Directory - Find an Austin REALTORŪ


Today's Real Estate Definitions

:

PRE-QUALIFYING - A method by a lender allowing a prospective home buyer to determine how much may be borrowed on a mortgage loan before making a formal application. This enables the buyer to approximate the price range for the home purchase.


MORTGAGEE - The party lending the money and receiving the mortgage.


Today's Quote

I'm not going to get into the ring with Tolstoy. - Ernest Hemingway (1899-1961)