New Orleans Real Estate Glossary D
(Days on the Market - Delinquent Mortgage)
A1
| A2
| A3 | A4 | B1
| B2 | B3 | C1
| C2 | C3 | D1
| D2 | E1 | E2
| F1 | F2 | F3
|
G1 | G2 | H1
| H2 | I1 | I2
| J | K | L1
| L2 | L3 | M1
| M2 | M3 | N
| O1 | O2
| P1 | P2 | Q
| R1 | R2 | S1
| S2 | T1 | T2
| U | V1 | V2
| W1 | W2 | X
| Y | Z
Days on the Market
Period of time a property is listed for sale prior to being sold or
removed.
Dead End Street
Street that terminates at one end has only one outlet and is not a through
street.
Debt
An amount owed from one to another.
Debt Financing
The raising of money by loans and borrowing directly from financial
institutions, providing increased financial leverage. Interest may be
tax deductible.
Declining Market
Market condition in which there are more sellers than buyers, causing
prices to fall.
De Facto
Latin for "in deed, in fact, in reality" Refers to a fact
or an act that occurs as a matter of practice and reality rather than
from de jure, meaning a lawfully and rightfully occurring act.
Deferred Payments
Money payments to be delayed for a future date or extended period of
time.
Delinquent Mortgage
A mortgage involving a borrower who is behind on payments. If the borrower
does not bring the mortgage to date with a specified amount of time,
the lender may begin foreclosure proceedings.
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