Glossary - Don Wixom, Nampa, Caldwell, Boise, Eagle, Meridian | Complete Idaho MLS | Idaho Real Estate Agent

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Recission	The cancellation or annulment of a transaction or contract by the operation of a law or by mutual consent. Borrowers usually have the option to cancel a refinance transaction within three business days after it has closed.

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Glossary V2.0

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