Contributor | Propertylogy - Part 21

All posts by Contributor

  • Equity Of Redemption

    The equity of redemption is a legal right of a borrower to retain interest in a property that will be foreclosed by...

    • Posted May 15, 2019
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  • The Difference Between Collateral And Security

    When we talk about assets that are pledged to a lender to secure a loan, we often refer to the assets as collateral or security.

    It’s...

    • Posted May 14, 2019
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  • Mortgage Theory

    A mortgage is a legal instrument that is not as straight forward as most people think.

    Different states can adopt different concepts of mortgage law in...

    • Posted May 13, 2019
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  • Loss Draft

    A loss draft is a payment (usually by check) for losses due to damages or destruction of insured property.

    The cause for such losses are usually...

    • Posted May 12, 2019
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  • Loss Payable Clause

    A loss payable clause is a provision in a policy that enables a lender to claim for losses should a mortgaged property be destroyed and...

    • Posted May 11, 2019
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  • Home Fluffer

    A home fluffer is someone with expertise in renovations and market value who guides homeowners about renovations that increases...

    • Posted May 10, 2019
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  • Closed-End Mortgage

    A closed-end mortgage refers to a restrictive home loan which has been fully funded at closing and no further loans will be offered to the...

    • Posted May 9, 2019
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  • Potential Gross Income

    Potential gross income refers to the maximum rental revenue that a real property can generate for a whole year, assuming that there are no vacancies...

    • Posted May 8, 2019
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  • Reverse Leverage

    Reverse leverage describes the situation where the interest rate of financing an asset (like a property) is too high for an investor to profit from...

    • Posted May 7, 2019
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  • Commercial Creep

    Commercial creep is a slang used to describe businesses slowly and quietly encroaching into residential areas.

    Companies understandably desire to expand their reach and physical presence...

    • Posted May 6, 2019
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