If and when you have had the pleasure of Buying or Selling a piece of Real Estate, or you are planning too & So that you do not feel like your Realtor, Attorney and Loan Officer are speaking another language.
Real Estate Definitions ~ by Kerry Mastrobuoni Realtor
Annual Percentage Rate (APR) - This is not the note rate on your loan. It is a value created according to a government formula intended to reflect the true annual cost of borrowing, expressed as a percentage. It works sort of like this, but not exactly, so only use
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