standard of living - the degree of wealth and material comfort available to a person in community, house poor - anyone at an income level who struggles to pay a mortgage at any home, renting - to let someone or something in return for payment, fixed rate mortage - a fixed rate mortgage loan where the interest rate remains the same, mortgage principle - the amount you borrowed and have to pay back, amenities - desire or useful feature of facility of a building or place, leasing contract - Elise is a CONTRACTUAL arrangement calling for the user to pay the owner for the use of an asset, legal contract - a contract is an agreement that specifies certainly legally enforceable rights and allegations per trainings two or more manually agreeing parties, acknowledgment clause - demonstrate the parties understanding of our agreement with the terms and agreement, down payment - an initial payment made when someone is bought on credit, private mortgage insurance (PMI) - lenders mortgage insurance also known as a private mortgage insurance in the US is insurer Chabot payable to a lender of trust or a pull of securities that may be required when talking about mortgage loan, mortgage - an agreement between you and your lender that gives the lender the right to trade your property if you failed to repay the money you borrowed plus interest, equity - the difference between how much your home is worth and how much you owe on your mortgage,

chapter 11

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