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Sale-Leaseback: A
transaction in which the buyer leases back the property to the seller for a
specified period of time.
In many cases, an excellent move for both an investor and property owner.
Second Mortgage:
Another loan placed upon real estate.
Security deposit: A deposit of money by a tenant to a landlord to
secure performance of a lease. It also can take the form of a letter of
credit or other financial instrument. See our Security
Deposit Guide.
Seller's Market:
A hot real estate market in which
sellers have the advantage and multiple offers are common.
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