Beneficiary
The person or entity receiving benefits, such as proceeds from a trust or insurance.
by Sukhumalin July 11, 2025
Blanket Mortgage
A single loan covering multiple properties.
by Sukhumalin July 11, 2025
Borrower
The individual or entity receiving funds from a lender with a promise to repay.
by Sukhumalin July 11, 2025
Broker Price Opinion (BPO)
An estimate of property value provided by a real estate broker, often for lenders.
by Sukhumalin July 11, 2025
Building Permit
Official approval to begin construction or renovation, ensuring plans meet local codes.
by Sukhumalin July 11, 2025
Buydown
A financing arrangement where the seller or builder pays to reduce the buyer’s interest rate temporarily.
by Sukhumalin July 11, 2025
Capital Improvement
A permanent upgrade or addition that adds value to a property.
by Sukhumalin July 11, 2025
Cash-on-Cash Return
The annual pre-tax cash income divided by the total cash invested.
by Sukhumalin July 11, 2025
Certificate of Title
A document showing legal ownership of property and any encumbrances.
by Sukhumalin July 11, 2025
Chain of Title
The history of ownership transfers for a property.
by Sukhumalin July 11, 2025
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