Mini-Perm Loan

A mini-perm loan is a medium-term financing instrument used to bridge the gap between short-term construction or acquisition financing and long-term permanent financing. Typically lasting between three and ten years, a mini-perm loan allows a property owner or...

ARV (After-Repair Value)

After-repair value (ARV) is a real estate valuation concept used to estimate the market value of a property after planned renovations, repairs, or improvements have been completed. It is commonly applied in investment contexts, particularly with properties that are...

Insurable Value

In real estate and insurance, Insurable Value refers to the amount for which a property is insured against loss or damage. It typically includes the value of the improvements, such as buildings and structures, but excludes the value of the land and other components...

Cross-Collateral Loan

Cross-collateral loans are primarily used in commercial real estate, but are growing in popularity in residential real estate. Cross-collateral loans in residential real estate are a financing strategy that allows a homeowner to use more than one property as security...

Conveyancing

Conveyancing is the legal and administrative process of transferring ownership of real property from one party to another. It begins once a purchase agreement is signed and continues through to the final closing, involving tasks such as verifying the property’s title,...

Zoning

In real estate and land use regulation, zoning is the division of a city or county into designated areas or districts by legislative action. These regulations specify the types of uses that are permitted for real property within each area. Zoning ordinances typically...