Loading...

PRIVATE PLACEMENT FUNDING SOLUTIONS FOR ACCREDITED INVESTORS

804-591-0690

admin@aprcapitalmortgage.com

Inspection

Listings

After you’ve made an offer on a home, you’ll need to schedule an inspection, which costs around $500 – $800, depending on the market. The inspector will go through every nook and cranny, and review things like the plumbing, electrical, foundation, walls, heating, and appliances.

Title Insurance

After all the negotiations are done and the seller has accepted your offer, you should receive a home title report within a week. Most mortgage lenders require you to pay title insurance as part of the closing costs; title insurers search the public records to make sure the home seller actually had rights to the…

Absorption Rate

The rate at which rentable space is filled, divided into gross absorption and net absorption. Gross absorption is a measure of the total square feet leased over a specified period, with no consideration given to space vacated in the same geographic area during the same time period. Net absorption is equal to the amount occupied…

Brownstone

A brownstone is a townhouse that is usually a 3 to 5 story building, named for traditional “brown stone” used in the façade.  It may be a single family building or have been converted into multiple apartments.  The original structure was built in the 19th or early 20th centuries. I am alone, and feel the…