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Pers Finance Obj 6.03 Housing Options

Ms. Susan Smith

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Across
3.money in a bank account held in trust to pay upcoming taxes and insurance when they come due (2 Words)
5.mortgage with changeable interest rate that reacts to economic fluctuations and to the interest rate paid by banks to borrow from The Federal Reserve (3 Words)
7.find a person to live in tenant-leased space for the remainder of a lease
8.stipulation or requirement agreed to in a lease or contract
12.final step in property purchase or sale when conditions of purchase have been met
13.deposit given as proof a buyer is serious about an offer to purchase a property (2 Words)
14.monthly mortgage payments by the buyer to his or her lender (3 Words)
16.Federal Housing Administration loan that assists low- to moderate-income buyers to qualify for a mortgage (2 Words)
17.part of the purchase price for a residence paid up front with cash (2 Words)
18.legal notice to a tenant to vacate a property
Down
1.loan whereby the interest rate and monthly payments are unalterable for the life of the mortgage (4 Words)
2.property taxes, insurance, and associated property ownership expenses (2 Words)
4.newspaper listing of residencial properties for purchase or sale (2 Words)
6.Veterans Administration mortgage with no down payment, available only to prior military (2 Words)
9.condition that must be met before a real estate deal can occur
10.professional who buys and sells real properties (3 Words)
11.fees paid by buyer, seller, or both, at the time a property transaction is finalized (2 Words)
15.chance for potential buyers to go through a home up for sale (2 Words)

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