The real estate industry is known for having its own lingo. Before taking the plunge into homebuying make sure you are familiar with these terms. Pre-approval-A mortgage lenders written statement that ...
Commercial real estate is far more complex than residential real estate. The contracts are longer, often the price tags are higher, and included in the process are many complex terms that an ordinary ...
In real estate parlance, an “REO” (abbreviation meaning “real estate owned”) is a term used in reference to properties where ownership has transferred back to a bank or lender after they have been ...
You know the drill. Disruption engenders change and, as a result of the current and ongoing market shock driven by the COVID-19 pandemic, change that was already underway has accelerated. Real estate ...
Through my experience in financing commercial real estate, I have often found that novice real estate developers, as well as experienced and established developers, approach banks with poorly ...