Tax Lien Certificates

A Directory of Tax Lien Certificate Sales Information

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Down Payment
Real Estate Investing Definition

The definition of Down Payment is:

A percentage of the purchase price the buyer pays in cash typically at the closing. The amount of money to be paid by the purchaser to the seller upon the transfer of title. The downpayment is the difference between the sales price and mortgage loan also known as initial equity. A deposit is money paid upon acceptance of a purchase contract also known as earnest money discussed below.

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