Remove Debt-to-income ratio Remove Due diligence Remove Finance Remove Real-estate owned
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131 Real Estate Terms & Definitions Your Clients Expect You to Know in 2023

The Close

This works in your client’s favor if they are collecting on investments, but against them when applied to debt. A short-term loan that covers the cost to build a property until the owner can secure long-term financing. Debt-to-income ratio (DTI). Due diligence period. Construction loan. Contingency.