A Dictionary of Terms for the real estate and lending industry. Includes terms specific to real estate contracts in the St. Louis, Missouri area.
Real Estate Terminology for: Chesterfield - Ballwin - Ladue - Clayton - Kirkwood - Webster Groves - Eureka - Fenton - St Charles - City of Saint Louis - RE/MAX Properties West - Agents licensed in MO.
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Bond-
A debt instrument in the capital markets. The US government, corporations and municipalities use bonds to raise money. Bonds can also be backed by real estate loans and the payments from mortgages.
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