Real Estate Listings
Calgary Real Estate Glossary D
(Days on the Market - Delinquent Mortgage)
Days on the Market
Period of time a property is listed for sale prior to being sold or
Dead End Street
Street that terminates at one end has only one outlet and is not a
An amount owed from one to another.
The raising of money by loans and borrowing directly from financial
institutions, providing increased financial leverage. Interest may
be tax deductible.
Market condition in which there are more sellers than buyers, causing
prices to fall.
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.
Money payments to be delayed for a future date or extended period
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.