Contributor | Propertylogy - Part 44

All posts by Contributor

  • Dual Apper

    A dual apper is a casual moniker used to describe borrowers who apply for home loans with two or more mortgage brokers.

    Because traditional lenders like...

    • Posted September 23, 2018
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  • Cram Down

    A cram down describes a bankruptcy court order whereby various classes of debt is reduced, forcing creditors to agree to a plan of reorganization.

    Sometimes a...

    • Posted September 22, 2018
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  • Run With The Land

    Run with the land is an expression that describes a right, rule, or restriction that don’t just affect the current owner of a particular property,...

    • Posted September 22, 2018
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  • Covenant

    A covenant is a promise contained in deeds or other legal contracts where parties agree to either perform or not perform certain...

    • Posted September 22, 2018
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  • Buy Down

    A buy down refers to borrower paying more upfront in order to reduce the monthly payments of the mortgage.

    It is further categorized in to permanent...

    • Posted September 22, 2018
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  • Holdout

    A holdout refers to a landowner or property owner who uses a refusal to sell as a negotiation strategy for getting the best price during...

    • Posted September 21, 2018
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  • Accommodating Party

    An accommodating party is a third party intermediary who holds money or property for a short period of time in his role to facilitate a...

    • Posted September 21, 2018
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  • Generic Prices

    Generic prices refer to the interest rates and costs of a mortgage when lenders advertise their loans online and in mainstream media.

    Because for an advertisement...

    • Posted September 21, 2018
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  • Choosing Between 11 Common Types Of Countertop Materials

    Choosing the materials for kitchen countertops are often compared to choosing the types of flooring for the house.

    But other than both of them having a...

    • Posted September 21, 2018
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  • Assemblage

    Assemblage refers to the process of purchasing, or securing the options for purchase, of 2 or more parcels of land from various different owners, to...

    • Posted September 21, 2018
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