Definitions for "Shared Appreciation Mortgage"
Keywords:  appreciated, sam, below, future, return
MP] A mortgage on which the borrower gives up a share in future price appreciation in exchange for a lower interest rate and/or interest deferral.
A mortgage in which the lender offers the borrower a below-market interest rate in exchange for a portion of the profit upon eventual sale of the property.
A mortgage with a low rate of interest, offset by giving the lender some portion of the appreciation in the value of the underlying property.
Keywords:  cyd, facetiously, investor, day, gives
A mortgage under which a co-borrower investor gives; facetiously called the “CYD” (call your day) loan.
Sheriff's Deed Single Family Residence