Type
Crossword
Description

Party who acts as an intermediary between home buyers and home sellers Realtor
A loan to finance the purchase of a house Mortgage
The difference between the market value of a home and what an individual owes on it Equity
Price at which a house would sell in a competitive setting Market Value
Value of a property for the purpose of determining property taxes Assessed Value
Legal process in which the lender takes possession of and sells the property in attempt to satisfy the debt owed. Occurs after default on a loan Foreclosure
Legal right to the possession of a property Title
Failure to make monthly mortgage payments on time Default
Attached home (Common roof and walls). Typically cheaper than single family homes because they save land Townhouse
Taking out a new mortgage loan to pay off an existing mortgage loan Refinance
Fees to be paid by the resident for the upkeep of common areas Association Fees
Opinion of value of the house the buyer would like to purchase Appraisal
Housing units contained within a development area in which the buyer owns the actual unit and a share of the common areas Condominium
A type of housing market in which there are more sellers than buyers. Prices of homes are typically lower Buyer's Market

Real Estate Professional Crossword

Type
Crossword
Description

Who is a Real Estate Professional? Karri Garcia
Which Real Estate Company Should I call? A New Way Real Estate
Where is A New Way Real Estate located? VacavilleCA
When should I call ? Rightaway
The document by which title to real property is transferred or conveyed from one party to another? Deed
A sum of money given to bind a sale of Real Estate? Deposit
The process in which a neutral third party holds money and documents for delivery to the respective parties in a transaction on performance or established conditions Escrow
the total cost a borrower must pay, directly or indirectly, to obtain credit according to regulation z Finance charge
The legal process by which property is sold to satisfy an unpaid debt in the event of default on terms or payments of a mortgage. forclosure
An association of people who own homes in a given area Homeowners Association
An opinion or estimate of value Appraisal
The transfer of ownership, rights, or interests in property as in a mortgage, lease or deed of trust. Assignment
One who is licensed by the state to carry on the business of dealing in Real Estate Broker
The limit on how much an interest rate or monthly payment can change cap
the costs incurred to purchase Real Estate Closingcosts
An agents compensation for negotiating a real estate or loan transaction, often expressed as a percentage of the selling price. commission
the amount of debt, not including interest. principal
a loan that is guaranteed by the veterans administration and made by a private lender va loan
a legal hold or claim on property as security for a debt or charge lien
a written promise to make a loan for a specified amount on specific terms loan commitment
a guarantee by the lender of a particular loan rate lock in
an appraisal term denoting the highest price that a buyer would pay and the lowest a seller would accept market value
a payment that is owed to the bank /lender each month toward repayment of the loan mortgage paymentu
an exclusive listing, submitted to all members of an association , so that each may have the opportunity to sell the property multiple listing service
the four major components of a usual monthly mortgage payment piti
an amout equal to 1% of the princcipal amount of the investment or note point

Chapter 22.1 Crossword

Type
Crossword
Description

The highest price that the property will bring tothe market. Market value
Home value determined by examing the structure,size,features, and quality as compared to similar homes. Apraised value
Value set by the city or country that is used to compute property taxes. Assesed value
Difference between the market value of property and the amount owed on it. Equity
Mortgage agreement that does not have government backing and that is offered through a commerical bank or mortgage broker. Conventional loan
A government-sponsored loan that carries mortgage insurance. FHA loan
Similar to a mortgage, it is a debt security instrument that shows as a lien against a property. Trust Deed
A fund where money is held to pay amounts that will come due during the year. Escrow Account
Used to lower mortgage interest rate. Discount Points
A fee charged by a lender to process the loan papers. Loan Origination Fee
The expenses incurred in transferring ownership from buyer to seller. Closing Costs

Microeconomics Crossword

Type
Crossword
Description

A diagram used to represent the monetary transactions in an economy. Circular Flow Diagram
The market place in which final goods or services are offered for purchase by consumers, businesses and public sector. Product market
A type of business entity that's owned and run by one person. Sole proprietorship
A type of business owned or run by two owners. Partnership
A financial gain. Profit
A company or group of people authorized to act as single entity. Corporation
A state of limited competition, in which a market is shared by a small number of producers. Oligopoly
Only one market gives services Monopoly
A type of market that sells similar products. Monopolistic Competition
The part of economics concerned with single factors and the effects of individual decisions. Microeconomics
A market where a business can go and purchase resources to produce goods and services Resource Market
Buyers will exchange with sellers when they want to purchase goods or services from sellers. Medium of exchange
All else equal, an increase n price results in an increase in quantity supplied Law of Supply
All other factors being equal, as the price of a good or service increase Law of Demand
Price of good or service of which quantity supplied is equal to quantity demand Market clearing price
A measure used in economics to show the responsiveness of the quantity demanded of a good or service to change in its price Price elasticity of demand
A measure used in economics to show the responsiveness or elasticity of the quantity supplied of a good or service to a change in price. Price elasticity of Supply
A market that has a broad range of cometitors who are selling identical products Pure Competition
Something that motivates or encourages someone to do something Incentive
An excess of production Surplus

Buying a House Crossword

Type
Crossword
Description

In which owners own just their individual unit, and a group or association owns the common areas such as green space and recreation facilities. Condominums
A sum of money that you pay at closing down payment
A legal document that uses property to secure a loan Mortgage
A mortgage in which the interest rate remains the same throughout the life of the loan Fixed rate mortgage
A free-standing residential building meant for one family to occupy Single family home
equal to 1% of the amount of a loan Point
Additional costs paid by the borrower when buying or refinancing a home Closing costs
value of your ownership equity
must pay if their equity is less than 20% of the home’s value PMI
A type of mortgage in which the interest rate can vary at certain points in the life of the mortgage Adjustable rate

Real estate law Crossword

Type
Crossword
Description

term used to describe a mortgage with constant blended payments that pay itself off over time amortized
the lender in a mortgage transaction mortgagee
the borrower in a mortgage transaction mortgagor
written permission to build from the municipality buildingpermit
a mortgage payment that combines principal and interest blendedpayment
possessions that can be moved and are not attached to real property Agreement chattels
Something that is given as security until repayment of a loan collateral
type of ownership of real property that combines fee simple ownership and shared ownership condominium
the process of obtaining title deeded
shortfall of money that remains owing in a power of sale after the principal, interest and costs have been paid in full deficiency
paid by the buyer to the seller when an agreement of purchase and sale is negotiated deposit
document registered on title when a mortgage is paid off discharge
right to use a portion of someone else's land for a specific purpose easement
a building or structure that intrudes on someone else's land encroachment
the net value of property after deducting the value of encumbrances equity
property reverts to the crown escheats
interests in land that also provide the right to exclusive possession estates
the right to the land and prevents others from using it exclusivepossession
the highest form of ownership fee-simple estate
possessions attached or affixed to real property fixtures
court action where the borrower defaults foreclosure
not the owner, but responsible for the mortgage guarantor
percentage added to the loan to be paid interest
the sum of money borrowed from a mortgagee principal
first bank over second bank priority
the amount of money that is left in a power of sale after the principal, interest and costs have been paid in full surplus
right to use a portion of another's land for access purposes right-of-way
person or corporation, occupying a space while renting tenant
the length of time to pay off a mortgage term
ownership to real property title
the designated usage of land, as determined by the municipality zoning

Mortgage Terms Crossword

Type
Crossword
Description

Home Mortgage ___________ Act Disclosure
Comparison of your loan amount to the value of your home LTV
Percentage of your debt divided by your gross income DTI
Spouse that will only be on title but not on loan NPS
Insurance that protects lenders/investors for losses due to the event of default of a mortgage loan MI
Document that most be provided withing 72 hours of taking an application Loan Estimate
Document provided prior to closing that replaces the HUD-1 and TIL Closing Disclosure
Document filed to show lien with lender is a Deed of _______ Trust
Sketch of a property showing its boundaries Survey
History of the title showing current owners and liens Abstract
Nationwide registraction system for mortgage loan originators SAFE Act
Origination, appraisal, and survey fees are know as _____________ costs. Closing
Insurance protecting the lender is known as a _____________ policy Lenders
We use the borrowers __________ income to qualify them for a loan gross
FHLB stands for _____________ Home Loan Bank Federal
Intergrated Disclosure regulation that went into effect October 3rd, 2015 TRID
Computer generated loan underwriting system AUS
An ___________ account is set up to pay taxes and insurance on a yearly basis Escrow
Right of _____________ gives a borrower 3 days to decide if they wish to continue with a loan Rescission
A Mortgage _____________ is in charge of receiving payments, paying taxes and insurance, etc. Servicer

credit & debt vocabulary Crossword

Type
Crossword
Description

fee charged by a credit card company for the use of their credit card annual fee
cost of borrowing money on an annual basis; takes into account the interest rate and other related fees on a loan APR
tool used to finance a purchase credit card
preferred method of debt repayment; includes a list of all debts organized from smallest to largest balance; minimum payments are made to all debts except for the smallest, which is attacked with the largest possible payments debt snowball
type of card, often bearing the seal of a major credit card company, issued by a bank and used to make purchases. unlike a credit card, the money comes directly from a checking account; also called a check card debit card
act of combining all debts into one monthly payment, typically extending the terms and the length of time required to pay the debt debt consolidation
a fee for the cost of credit or borrowing finance charge
process by which the holder of a mortgage sells the property of a homeowner who has not made interest and/or annual payments on the time as stipulated in the mortgage contract forclose
time period during which a borrower can pay full balance of credit due with no finance charges grace period
interest rate charged to a customer during the initial stages of a loan introductory rate
amount of money a credit card company issues to the borrower credit limit
a decline in the value of property; opposite of appreciation depreciation
a long-term rental agreement, and a form of secured long-term debt lease
the length of a loan loan term
information that has been passed on but is not true myth
your belief system; the way you see or perceive things paradigm
expense that a taxpayer is allowed to deduct from a taxable income; examples include money paid as home mortgage interest and charitable donations tax deduction

Financial Terms Crossword Puzzle

Type
Crossword
Description

When you’re investing or saving, this is the interest that you earn on the amount you deposit, plus any interest you’ve accumulated over time. Compoundinterest
A number used by banks and other financial institutions to measure a borrower’s credit worthiness. FICOscore
The difference between your assets and liabilities. networth
The process by which you choose what proportion of your portfolio you’d like to dedicate to various asset classes, based on your goals, personal risk tolerance and time horizon. Assetallocation
Commonly referred to as fixed-income securities. Bonds
The increase in the value of an asset or investment — like a stock or real estate — above its original purchase price. Capitalgains
The process of buying or selling securities over time in order to maintain your desired asset allocation. Rebalancing
Also called equities or shares. Stocks
This is the process of paying off your debt in regular installments over a fixed period of time. Amortization
A type of mortgage in which the interest you pay on your outstanding balance rises and falls based on a specific benchmark. ARM
An account held by an impartial third party on behalf of two parties in a transaction. Escrow
A mortgage that carries a fixed interest rate for the entire life of the loan. Fixed-rate mortgage
Employer-sponsored retirement plans, such as pensions, in which the employer promises a specified retirement benefit based on a formula that may include an employee’s earnings history, length of employment and age. Defined-benefit plans
Companies often use these as management incentives. stockoptions
The payments you make to an insurance company in return for protection from financial losses within the scope of your policy. Premium
Used to determine your taxable income, minus any additional IRS-qualified deductions that you’re eligible to take. AGI
A person who is financially dependent on your income, typically a child or an adult relative you may support. Dependent
A standard amount that can be used to reduce your taxable income if you decide not to itemize your deductions. Standarddeduction
A qualified expense that the IRS allows you to subtract from your adjusted gross income, which further reduces your taxable income. Itemizeddeduction
A type of policy that provides additional liability coverage beyond what your home, auto or boat insurance may provide. Umbrellainsurance

Economic Terms Crossword

Type
Crossword
Description

The way a society organizes to produce, distribute, and consume goods and services. Economic System
Tradition determines how a society is organized to produce, distribute, and consume goods/services. Traditional
Individuals make most of the major decisions about production and distribution of goods and services Market
A central authority makes most of the major decisions about production and distribution of goods and services Command
Economic decisions are made by individuals, businesses, and government. Mixed
The worth of a good or service that is determined by the total cost of economic resources that went in to producing and providing a good or service. Value and Price
The amount of a resource, good, or service sellers are willing to sell at possible prices. Supply
How much people want of a good or service at a certain price at a certain time. Demand
People have desires that can be satisfied with goods or services Economic Wants
Human, natural, and capital resources used to produce a good or service. Economic Resources
Wants are unlimited and resources are limited. Scarcity
Goods and services are produced in better quality, quantity, and speed when someones focuses on one particular task. Specialization
People, businesses, and nations depend on others to produce their goods. Interdependence
Any place that allows buyers and sellers to trade goods and services Marketplace
Something that is used to buy and sell goods or services. Currency

buying a house Crossword

Type
Crossword
Description

A free-standing residential building meant for one family to occupy single-family home
Insurance that protects the lender in case the borrower defaults PMI
A point is equal to 1% of the amount of a loan Point
A legal document that uses property to secure a loan Mortgage
A mortgage in which the interest rate remains the same throughout the life of the loan fixed-rate mortgage
The monetary value of your ownership Equity
A sum of money that you pay at closing down payment
A dwelling in which owners own just their individual unit Condominium
Additional costs paid by the borrower when buying or refinancing a home closing costs
an interest rate that can vary at certain points in the life of the mortgage adjustable mortgage