by Ethan Atkinson | Jun 7, 2026 | A-E, PropertyPedia
Dry funding is a method of real estate loan closing in which the borrower signs all required loan documents before the lender releases the loan proceeds. Unlike wet funding, the transaction is not completed immediately upon signing. Instead, the lender reviews the...
by Ethan Atkinson | Jun 7, 2026 | PropertyPedia, U-Z
Wet funding is a method of real estate loan closing in which all loan documents are signed, funds are disbursed, and the transaction is completed on the same day. Under this process, the lender provides the loan proceeds immediately after the borrower executes the...
by Ethan Atkinson | May 31, 2026 | PropertyPedia, U-Z
An unparsed address is a real estate data field that contains a property’s complete address in a single text string rather than separating its individual components into distinct fields. The unparsed address typically includes elements such as the street number,...
by Ethan Atkinson | May 31, 2026 | A-E, PropertyPedia
Bathrooms Total Integer is a real estate listing field that identifies the total number of bathrooms within a property, expressed as a whole number. This figure typically represents the sum of all full and half bathrooms rounded or reported according to the listing...
by Ethan Atkinson | May 31, 2026 | A-E, PropertyPedia
A condominium conversion is the process of legally transforming an existing residential property, typically a rental apartment building, into individually owned condominium units. During a conversion, the property is subdivided into separate ownership interests, with...
by Ethan Atkinson | May 31, 2026 | A-E, PropertyPedia
A Condominium One-Time Capital Improvement Contribution is a nonrecurring fee assessed by a condominium association and paid by a purchaser at the time of a property transfer. The contribution is typically collected during the closing process and deposited into the...
