by Ethan Atkinson | Aug 5, 2026 | P-T, PropertyPedia
A soft second loan is a second mortgage used to help a homebuyer cover the down payment, closing costs, or part of the purchase price. It is called “soft” not because it is physically squishy, of course, but because it is very flexible; the repayment terms...
by Ethan Atkinson | Aug 3, 2026 | A-E, PropertyPedia
Allodial title is a form of land ownership in which the owner holds property independently, without owing rent, service, or other obligations to a superior landlord. This is a type of land ownership almost no one will ever experience. Allodial title is very rare for...
by Ethan Atkinson | Jul 28, 2026 | P-T, PropertyPedia
Is participation financing like a participation trophy that you get just for trying? Definitely not! Participation financing is a financing arrangement in which two or more lenders or investors share in funding a mortgage loan and participate in the loan’s...
by Ethan Atkinson | Jul 28, 2026 | F-J, PropertyPedia
Forbearance is a temporary agreement between a lender and a borrower that allows the borrower to reduce, suspend, or postpone some or all mortgage payments for a limited period when they are experiencing financial hardship. Forbearance does not eliminate the amount...
by Ethan Atkinson | Jul 28, 2026 | P-T, PropertyPedia
Is a two-step mortgage is a type old-timey home loan dance? Well… it depends on how you define “dance.” Unfortunately, this mortgage doesn’t involve a lot of joyous dancing, though after it’s paid off, there may be dancing-related...
by Ethan Atkinson | Jul 27, 2026 | A-E, PropertyPedia
What is a condominium conversion? Does this mean you can convert a condominium into whatever you want? It sure doesn’t! Condominium conversion refers to the process of changing an existing building, such as an apartment complex, hotel, or other multi-unit...
