131 Real Estate Terms & Definitions Your Clients Expect You to Know in 2023
The Close
DECEMBER 29, 2022
How else would you and your clients understand how much is being paid in principal and interest over the years? Construction loan. A short-term loan that covers the cost to build a property until the owner can secure long-term financing. Liens can come from unpaid mortgages, construction bills, even HOA fees. Contingency.
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