Remove Construction Remove Earnest money deposit Remove Proof of funds Remove Short sale
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131 Real Estate Terms & Definitions Your Clients Expect You to Know in 2023

The Close

It’s essentially the idea that if you invest your returns into more investment, that money multiplies. Construction loan. A short-term loan that covers the cost to build a property until the owner can secure long-term financing. Earnest money deposit. Proof of funds. Contingency. Foreclosure.