Real Estate Glossary



  Collateral

An asset (such as a car or a home) that guarantees the repayment of a loan. The borrower risks losing the asset if the loan is not repaid according to the terms of the loan contract.

 

[ Back To Real Estate Glossary ]

STAR Realtors "Moving people...Realtors to the Stars!"972-979-0060 or 214-477-3088


Guest Book | Home | Mortgage Rates | Relocation | Community Info/Links | Contact Carrie

Real Estate Websites by iHOUSEweb, Inc. ®

Site Admin Menu