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Recording fees are charges collected by a county recorder when certain real estate documents are added to the official public record.
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Non-judicial foreclosure is a process that allows a lender to foreclose on real estate secured by a loan without first filing a lawsuit and obtaining a court order.
The maturity date is one of the most important terms in a hard money loan agreement.
Many investors focus too much on loan approval amounts but overlook one of the most important indicators of project success – working capital.
Points and interest rates operate separately but should be considered together when assessing the total cost of any loan.
Scope of Work (SOW) is essentially a flipper’s blueprint for every renovation.
A rehab budget is one of the most critical concepts in house flipping.
A lien position refers to the priority order in which creditors are repaid if a property is sold or foreclosed.
Zoning is the division of land into specific districts or zones to regulate how private property in California can be used, developed and maintained.
