Contributor | Propertylogy - Part 48

All posts by Contributor

  • Land Hook

    A land hook is a method used to indicate contiguous land parcels of similar ownership on survey maps.

    This makes it easier for...

    • Posted September 6, 2018
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  • Superadequacy

    Superadequacy is a term used to describe components of real estate that is beyond what is necessary to the practical use of the structure.

    While the...

    • Posted September 5, 2018
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  • Occupancy Rate

    The occupancy rate refers to the percentage of rental properties rented out to tenants against the total number of rental properties.

    This is...

    • Posted September 4, 2018
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  • Pros And Cons Of Manufactured Housing

    Manufactured homes are houses that are fabricated and assembled in factories, then transported to land sites for installation.

    Because of the mass production and savings on...

    • Posted September 1, 2018
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  • Fallout

    Fallout is a mortgage jargon used to describe the amount of loan applications that fail to close.

    When we consider that many borrowers apply for mortgages...

    • Posted September 1, 2018
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  • Underwriting

    Underwriting refers to the whole process of loan application to loan closing that a lender has to undertake in order to close...

    • Posted August 31, 2018
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  • What Is Mortgage Lock In And What Can You Do With It?

    Locking a loan refers to the use of a mechanism to “lock in” a price at the time of application so that this price, consisting...

    • Posted August 31, 2018
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  • Loan Points

    Loan points are a part of the total mortgage price a borrower pays when accepting a home loan from a lender.

    It is an upfront cash...

    • Posted August 30, 2018
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  • Rental Pool

    A rental pool describes a situation whereby owners in a community, like a condominium or townhouse development, agree to a sharing arrangement which makes their...

    • Posted August 30, 2018
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  • Dry Closing

    A dry closing in a real estate transaction is similar to regular closing activities except that there is no delivery of documents...

    • Posted August 29, 2018
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