Glossary

I

Improvements -Those additions to undeveloped land such as buildings, streets, sewers, etc., that tend to increase its value.

Installments - Parts of the same debt, payable at successive periods as agreed; payments made to reduce a mortgage.

Insurance Premium - The amount paid for the purchase of insurance.

Interest Rate - The percentage of money charged for its use. For example, a Seller may charge a Purchaser 10% interest on the unpaid balance of a mortgage, trust deed or land contract.

J

Judgment - A decree of a court stating that one individual is indebted to another for a certain fixed amount.

Judgment Lien - A lien upon the property of a debtor resulting from the decree of a court.

Judicial Foreclosure - Having a defaulted debtor's property sold at a price the court approves.

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.

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