Opinion of Title – David Reecher A certification, usually from an attorney, as to the validity of title to property being sold, after examining the abstract of title. The opinion of title is essenti...Read More
Lending Agreement – David Reecher Contract in which a borrower agrees to terms of a loan, which include payment dates, interest rate, total cost of the loan and late payment fees....Read More
5 Tips to Help You Sell Your House Faster – By David Reecher Posted on December 26, 2018 by davidreecher Tip #1: Open blinds – This is great for letting the light in. If yo...Read More
Harvard: Why Owning A Home Makes Sense Financially – David Reecher We have reported many times that the American Dream of homeownership is alive and well. The personal reason...Read More
PUD vs. Condo, what’s the difference? – By Tom Horn, Birmingham Appraisal Blog. republished by David Reecher If you are in the real estate business you may have heard the terms PUD and Condo, ...Read More
Pyramid Zoning – David Reecher Form of zoning regulation permitting all the uses permitted in more restrictive zoning to also apply to less restrictive zoning. The net effect of pyramid zoning i...Read More
Underwriting – David Reecher In mortgage lending, underwriting is the decision-making process used to determine whether the loan risk is acceptable to the lender. Underwriting involves the...Read More
Insider Rights – David Reecher Special rights offered to tenants occupying apartments in a building in the process of converting to a co-op or condo, giving them the exclusive right to buy their...Read More
Graduated Lease – David Reecher A graduated lease is a lease in which the rent changes from period to period over the lease term. This type of lease is usually used by a new business tenan...Read More
Acre – David Reecher Is a unit of land area used in the imperial and US customary systems. It is defined as the area of 1 chain by 1 furlong (66 by 660 feet), which is exactly equal to 43,560 sq...Read More