Deed Down Payment Defined

Real Estate Term Definitions:
Deed : Down Payment Defined. All of the questions you may have on
what some of those real estate terms mean. Real Estate
Glossary.

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Mortgage & Home Buyer's Glossary: D

Deed A legal "instrument" that conveys the title to a property from seller to buyer.	Down Payment The buyer's payment to the seller at the time the sales contract has been mutually agreed to, or at closing, for the percentage of the total purchase price required by the buyer's mortgage loan.
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