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This refers to the interest rate that reflects the actual cost of a mortgage as a yearly rate.. Appraised Value – The dollar figure for a property's estimated fair market. Group Home A single-family residential structure designed or adapted for.. Master Association – A homeowners' association in a large condominium or .
lays out the time-proven strategies of an experienced commercial real estate investor and mortgage broker to help others attain financial freedom. Do you want to supplement your current income by.
It consists of an 80% – 30 year first lien at market rates, a 10% – 15 year second.. In real estate, there are assignments of mortgages, contracts, agreements of sale,. favor of a person on the basis of the group or class to which the person belongs;. MASTER PLAN – A comprehensive plan to guide the long-term physical.
real estate owned (REO) Other real estate owned by the borrower (such as an investment property). reciprocal easement The right of unit owners in different phases of an overall condo development to use the roads, parking areas, etc., in other phases of the development, through the creation of cross-easements.
David Lipscomb is the Senior Vice President of Finance, Controller and Corporate Officer for Prosperity Home Mortgage, LLC. He joined Prosperity Home Mortgage in June 2013 and is responsible for all aspects of Finance & Accounting, Treasury, including Warehouse line management, and Business Risk and Controls areas of the company.
Real estate broker. A real estate agent who is licensed by the state to represent a buyer or seller in a real estate transaction in exchange for a commission. Most brokers also have agents working for them, and are entitled to a portion of their commissions.
Glossary of Real Estate Finance Terms. The terms below are commonly used in the real estate finance industry. Use the alphabetic index to move quickly your term of interest. Please drop us an email if you need further explanation or you find a term we have not defined.. A written summary of.
The realty sector also said it will await specific measures for the housing industry. The FM had ended the. Founder and MD, Hiranandani Group and President of National Real Estate Development.