1.

2.

Deed /did/ (N) (C) Escritura de propiedad

Foreclose /fklz/ (V)
The bank is threatening to foreclose on the family's house. Ejecucin
hipotecaria

3.

Appraisal /pre.zl/ (N)

lenders require an appraisal of property as a

requirement of making a loan. The borrower will pay the appraisal fee.

4.

Avalo

Down payment (N) The borrower most likely will have to contribute cash,
partly to pay for transaction costs and partly to make the down payment. Anticipo

5.
6.
7.

Liabilities /la.bl..ti/ (N) Obligacin

Lessor /lesr/ (N) Arrendador
Closing (N) The sales contract will set a date for the closing. At that
time, if the date is not changed, a meeting of buyer and seller, plus
agents, attorneys, lenders and other interested persons, is held. At the
meeting, all fees and commissions are paid, the loan is advanced, legal
documents are signed and all transaction expenses, including the buyers
down payment, are paid out of funds supplied by the buyer and seller.
After closing and funding, the buyer is the owner of the property. Cierre
(traspaso)

8.

Eminent domain /em..nnt dmen/

(N) Derecho de

expropiacin
9. Default /dflt/ (N) Incumplimiento
10.Earnest money deposit (N) Depsito de garanta