Glossary

B

Balance Due - The amount currently owed on a debt; the principal balance due.

Balloon - The final payment on a mortgage, trust deed or land contract when that payment is greater than the preceding installment payments and pays the loan in full.

Bankruptcy - The financial inability to pay one's debts when due.  The debtor seeks relief through court action that may work out or erase debts.

Breach of Contract - A violation of the terms of a legal agreement.

Buyer - One who purchases property; also referred to as "Vendee" or "Purchaser".

Have more questions?  Try the RAM Funding  Note Buyer Questions page.  Unfamiliar with some of the terms used by cash flow note buyers? Try the RAM Cash Flow Note Definitions page.  To find out how we calculate the value of your cash flow, visit the Present Value page.  You can find out about our Cash Flow Purchase Options too.

What is a Cash Flow?  click here  What is a Cash Flow Broker?  click here

If you still need something not covered elsewhere, you can use our Online Question Form or even better yet -

Call one of our cash flow note professionals TODAY at 1-800-397-3893.

Or use our handy cash flow fax form click here, or get your free online quote click here!