Remove Due diligence Remove Residential Remove Short sale Remove Termite Report
article thumbnail

131 Real Estate Terms & Definitions Your Clients Expect You to Know in 2023

The Close

Due diligence period. What if your clients are asking about their due diligence period? This can lead to a short sale, foreclosure auction, and/or the lender taking possession of the property. A PUD is a grouping of residential buildings. Short sale. Foreclosure. Freddie Mac.