Refinancing is a popular practice when interest rates drop. Title Lawful ownership of property. An insurance policy that protects against losses arising from title defects such as forged or misfiled documents . An examination of the public records to determine whether the current title is clear or defective. Town House Also known as a row house, generally refers to a type of dwelling having two floors, with the living area and kitchen on the first floor, and the bedrooms on the second.
Town houses share a common wall between units.
A federal agency designed to help veterans enter the housing market. VA loans are made to honorably discharged veterans or their unremarried widows or widowers. Such loans require a minimal or no down payment and offer lower interest rates. Walk-Through A final inspection of a property before it changes ownership.