Monthly Archives: April 2018

Real Estate Term of the Week:

Blanket Loan: A blanket loan is a type of loan used to fund the purchase of more than one piece of real property. They’re most commonly used by investors or commercial land developers, but...

Real Estate Term of the Week

Contingency Clause: Defines a condition or action that must be met for a real estate contract to become binding. A contingency becomes part of a binding sales contract when both parties (i.e., the seller...

Real Estate Term of the Week

Survey: Refers to the process of locating and measuring a property’s boundary lines to determine the exact amount of land that a homeowner owns. A survey will also locate and measure any easements or...