Do the words “hard money loan,” “dragnet clause,” and “private lending” scare you? They should, but they can also save you a ton of money and time. These terms are features of cross-collateral loans, which can help an average loan...
Stealing real estate is so annoying because you can’t just physically take it, and you can’t hide it anywhere. As proof that anything’s possible if you put your mind to it, scammers have figured out how to steal properties by bypassing the physical...
OnlineEd® and WorldParksStudio4® LLC have signed letters of intent to create an amusement park where real estate and mortgage licensees can fulfill their continuing education requirements on 18 different rides. OnlineEd® CEO Debra Ferrier says this park concept will...
When does the law allow you to treat potentially false claims as legitimate? More often than you’d think! For example, the word “owner” seems pretty basic, but in common legal contexts, “owner” technically means “person who claims to be the...
In real estate finance, a mortgagor is the party that borrows money and grants a mortgage on real property as security for the loan. The mortgagor pledges the property to the lender while retaining possession and use of it. The mortgagor is obligated to repay the loan...
In real estate finance, a mortgagee is the party that lends money to a borrower and receives the mortgage as security for the loan. The mortgagee holds a lien against the real property to secure repayment of the debt. The mortgagee is typically a bank, financial...
