Convertible ARM

Convertible ARM – David Reecher An adjustable-rate mortgage (ARM) that can be changed, or converted into a fixed rate mortgage during a specified period and under certain conditions of the loan... Read More

Contingency

Contingency -David Reecher A condition that must be met before a contract is legally binding, or before a sale is to be completed. The contingency provides an out or an escape from performing if ... Read More

Condominium

Condominium – David Reecher Real estate ownership where several owners hold title to different individual units, or parts, of the building and have a shared interest in the common areas... Read More

Common Areas

Common Areas -David Reecher The space that is shared among all property owners.  In a condominium that may be the building corridors, elevators, parking areas, recreational facilities, etc. ... Read More