A condominium project with features that lenders view as favorable in terms of their risk exposure on loans secured by individual condo units. The requirements of warrantability include such features as the following: the project (including all common areas) is fully completed and the common areas are insured, the Homeowners Association has been controlled by unit owners (as opposed to the developer) for some period, most units are owner-occupied, and no one person owns more than 10% of the units. Loans on units in warrantable condos receive better terms than loans on units in non-warrantable condos.
Are you confused and overwhelmed by the extensive lexicon of real estate terms and words? Well look no further, here is where the PROS go. Real Estate Glossary
Every person working in real estate or planning to buy or sell real estate can benefit by using our free real estate dictionary. This dictionary of real estate terms is the most extensive in the industry and is used by many *real estate agents, real estate brokers, mortgage brokers, Realtors *and instructors in major real estate schools across the country and the world.
The Keyes Company
Mobile: 1-954-410-9358Send Email Website Agent Listings Driving Directions
" Whether a first-time buyer, seasoned homeowner, or multi-property investor, the team at The Keyes Company is your go-to resource for all things real estate. Family-owned and in business since 1926, The Keyes Company has grown across the state of Florida. We have captured accolades such as bein" ... view more
Coral Shores Realty
Office: 1-954-668-9056Send Email Website Agent Listings Driving Directions
" "Susie Sells by the Seashore" I specialize in vacation condos & single family homes in the Southeast Florida beach and downtown areas of Hollywood, Hallandale Beach, Fort Lauderdale Beaches and Sunny Isles Beach. I also specialize in relocation, for many of my vacatio" ... view more
Keller Wiiliams Realty Partners SW
Mobile: 954-702-6347 Office: 954-237-0400Send Email Website Agent Listings Driving Directions
" Love what you do, and never work a day in your life... Roseline began her career in the Banking and Mortgage industry while in college, where she graduated with an accounting degree. She discovered her passion for Real Estate while working in the M" ... view more