Origination Fee
Origination Fee – David Reecher A fee charged by a lender on entering into a loan agreement to cover the cost of processing the loan.... Read More
Offer to buy
Offer to buy – David Reecher A buyer makes an offer to buy a house with a contract. The contract lists all the terms, financing, and contingencies. The offer means nothing unless ... Read More
New Construction
New Construction – David Reecher Refers to site preparation for, and construction of, entirely new structures whether or not the site was previously occupied.... Read More
Multifamily
Multifamily – David Reecher A multifamily or multi-unit property has more than one unit on the same property. An apartment complex or a duplex could be multifamily if they are on ... Read More
Mortgage Broker
Mortgage Broker: – David Reecher A mortgage broker is a lender who can shop loans from multiple banks. Sometimes a mortgage broker can get a better deal for buyers by checking with differen... Read More
Mixed Use Real Estate
Mixed Use Real Estate – David Reecher Properties that are used for a variety of uses, usually residential and commercial.... Read More