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Glossary
A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

Holdback

The withholding of or non-advancement of a portion of a mortgage loan to maintain adequate security,
1. pending achievement of a performance requirement, or 2. as protection against liens.

Home Inspection

A visual inspection of the major components of a home, by a qualified individual, giving the homebuyer a true and unbiased picture of the home's condition.