An official document that transfers ownership of personal property
A bill of sale is used to swap ownership of things that are movable, such as a car or mobile home. A home is not personal property since it is permanently attached to the land. A deed, such as a grant deed or warranty deed, is the official document used to transfer ownership of a home.
Mortgage definitions and Real Estate Terms, Consolidating loans, refinancing mortgages and reverse mortgage process available to anyone. This consumer information site contains several tools and guides to aid in purchasing or refinancing a home or commercial property.