In real estate, the term note is shorthand for mortgage note, and refers to the promissory note secured by a specific mortgage loan with a piece of property as collateral.
by Think Realty | Mar 14, 2023 | Funding, Glossary
In real estate, the term note is shorthand for mortgage note, and refers to the promissory note secured by a specific mortgage loan with a piece of property as collateral.
by Think Realty | Mar 14, 2023 | Funding, Glossary
When a borrower falls behind on payments on a loan, the note is considered to be non-performing. A loan on which the borrower has stopped making payments. These note may also be called distressed...
by Think Realty | Mar 14, 2023 | Deal Analysis, Glossary, Operations
Net operating income (NOI) is the annual income generated by a rental property after subtracting all expenses from operations. Note: NOI does not factor in your financing costs. The cash flow left...
by Think Realty | Mar 14, 2023 | Deal Analysis, Glossary, Operations
Multiple Listing Services are used by real estate brokers, agents, and other licensed professionals to cooperate on the purchase, sale, listing, and appraisal of homes. These services are often...
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