Remove Development Remove Due diligence 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

These mortgages were developed in the 1980s in an era of double-digit interest rates when borrowers were hopeful that the rates wouldn’t rise much more. Cost of funds index (COFI). Due diligence period. What if your clients are asking about their due diligence period? Planned unit development (PUD).