Shared appreciation mortgage

 

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Shared appreciation mortgage

A loan that allows a lender or other party to share in the borrower's profits when the home is sold.

Shared appreciation mortgage

A mortgage in which a borrower pays a below normal rate of interest to the lender on the understanding that the latter shares a proportion of the appreciation of the property.



Similar Matches

Capital appreciation or depreciation

Capital appreciation or depreciation

The increase or decrease in the value of the individual's investment in the property.


Appreciation

Appreciation

A rise in the value of a country's currency on the exchange market, relative either to a particular other currency or to a weighted average of other currencies. The currency is said to appreciate. Opposite of "depreciation."


Shared Appreciation

Shared Appreciation

The gaining or retaining of equity in a property by someone other than the buyer. For example: the seller retains a 25% interest in the property. This makes the buyer responsible for only 75% of the purchase price and, therefore, lowers the necessary financing by 25%. This obviously makes the property more affordable. By agreement, expenses are shared as well as any increase in value when the property is sold. Statement of Information (SI): A confidential information statement completed by the buyer, seller and borrower in every transaction where a policy or policies of title insurance are requested. Allows the title company to competently search documents affecting the property to be insured, documents which may not refer to said property. Allows title companies to differentiate between parties with similar names when searching matters such as liens and court decrees.


Real appreciation or depreciation

Real appreciation or depreciation

A change in the purchasing power of a currency.


Appreciation

Appreciation

Increase in the value of an asset.


Further Suggestions

Shared Appreciation Mortgage (SAM)
Capital appreciation fund
Stock Appreciation Right (SAR)
Capital appreciation
Appreciation
Currency appreciation


 
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