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Real Estate Glossary

Base principal balance

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Written by Luis Escobar

This is the original mortgage amount once adjustments for subsequent findings and principal payments have been made. The base principal balance does not include accrued interest and other unpaid debts.

This is the original mortgage amount once adjustments for subsequent findings and principal payments have been made. The base principal balance does not include accrued interest and other unpaid debts.

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Luis Escobar

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