When the mortgage lender assigns their mortgage and its interest to a new lender, it’s called mortgage assignment. The lender uses an assignment-of-mortgage document to transfer the mortgage legally. It is important for real estate students and agents to understand …
Subsidized housing is a government system that provides housing assistance to low-income tenants. Before you can call yourself a real estate pro, you must know how subsidized housing works. To understand the role of subsidized housing in real estate, we …
The satisfaction of mortgage is a document that shows that the borrower has paid off the loan and that the property title is now clear of liens. This term is confusing for most real estate students; thus, it is important to …
Mezzanine financing is a hybrid financing that blends the features of debt and equity financing. Mezzanine financing is a non-traditional type of financing that is used for large projects and growing businesses. Before attempting their exam, real estate students must learn …
Rent stabilization is a system that regulates rent by imposing a limit on how much landlords can increase prices. Understanding rent stabilization is crucial to passing the exam and becoming a successful agent. To fully grasp rent stabilization, you’ll need …
A bridge loan is a short-term loan that provides financing between buying a home and selling your previous one. It’s not unusual for real estate students to come across different types of loans in their real estate exams. One such …
