What are Covenants, Conditions & Restrictions (CC&Rs)?
What are Covenants, Conditions & Restrictions (CC&Rs)? – David Reecher Covenants, Conditions & Restrictions (CC&Rs) are limits and rules placed on a group of homes or condominium com... Read More
What is a Correspondent Lender? – David Reecher
What is a Correspondent Lender? – David Reecher A correspondent lender is a hybrid between a traditional lender and a mortgage broker. Correspondent lenders may lend their own money, ... Read More
What is a cooperative in real estate?
What is a cooperative in real estate? – David Reecher With a cooperative, or co-op, a buyer buys shares in a corporation that owns an apartment building. In exchange, the buyer receives the right to... Read More
What is a cooperative in real estate?
What is a cooperative in real estate? – David Reecher With a cooperative, or co-op, a buyer buys shares in a corporation that owns an apartment building. In exchange, the buyer receives the right to... Read More
What is a Conventional Loan?
What is a Conventional Loan? – David Reecher A conventional loan is a mortgage loan that is not insured or guaranteed by any government program. It is the most common type of mortgage loan. Unlike n... Read More
What is a contingent offer in real estate? – David Reecher
What is a contingent offer in real estate? – David Reecher When a home has a contingent offer, that means a Purchase and Sale Agreement has been executed for the listing, but certain conditions must... Read More
What is a contingency in real estate? – David Reecher
What is a contingency in real estate? – David Reecher A contingency is an event or condition that must occur before the deal can close. Typically, a buyer will reserve the right to recover her ... Read More
What is a Conforming Loan?
What is a Conforming Loan? – David Reecher A mortgage loan is a “conforming loan” if it satisfies government loan guidelines that make it eligible to be purchased by Fannie Mae or ... Read More