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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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Discover the essential real estate terms that will elevate your game and give you the confidence to navigate the market like a pro! Dive in and explore the terms that interest you the most.

Glossary Of Real Estate Lending List

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