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Our Office / BATEMANS BAY 02 4472 5566 1 North Street BATEMANS BAY Batemans Bay NSW 2536
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Glossary of Real Estate Terms
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A-D
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E-H
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I-L
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M-P
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Q-T
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U-Z
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The time length of a home loan. Payments made may not fully repay the outstanding principle by the end of the term because the amortisation period is longer. For example, a Fixed Rate Loan might have a five year term, but it will take 20 years to repay the loan completely. When a term expires, the loan is renegotiated. |
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Glossary of Other Real Estate Terms in Q-T: |
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More information?
Request a FREE and informative real estate guide.
Or, watch an episode of First National TV - real estate video tips.
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