When an improvement made on one property intrudes on another property, e.g. a fence that extends over onto a neighbor's property. The cash value of a property minus any debts against the property. Demanding the total repayment of a debt. When a homeowner does not make payments on time, there comes a point when the lender can demand the loan be paid off in full. An account held by a neutral third party.
Escrows hold earnest money as well as moneys for taxes and insurance.
When buying a house in a community the government has decided is prone to flooding, this fact must be disclosed on the survey and the property must be insured against flood damage. Federal Housing Authority loans are guaranteed by the government. FHA loans demand a smaller down payment and require mortgage insurance. The interest rate on this loan remains the same throughout the life of the loan. The legal seizure of a property.