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Real Estate Glossary

Application fee

This is what you pay upfront upon giving your application. For property appraisal and credit reports, charges are usually included in the application fee. Real estate companies, on the other hand, charge application fees to...

CRE Insights Blog

Strategic Bricks of Progress

Hello, this is Richard Wilson coming to you from downtown Boston. I’m the CEO of the Family Office Club. I just wanted to record this short video. Hosting a workshop upstairs, and I’m not more than a couple of miles...

Real Estate Glossary

Acceleration clause

An acceleration contract or an acceleration covenant is a mortgage contract provision that permits the lender to demand a borrower to repay the entire loan if certain requirements are not met. It indicates the reasons the lender...