Cooperative
Definition of "Cooperative"
A corporation that owns housing units and whose tenants purchase shares in the corporation equivalent to the value of their housing unit. Also called co-ops.
Popular Real Estate Terms
Inspection required in certain types of sales of property to determine if termites are present within a building. ...
Mortgage in which the interest rate charged by the lender can vary according to some reference index not controlled by the lender, such as the interest rate on 1-year U.S. T-bills or the ...
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Changing property ownership. An example is the sale of a home to another. ...
(1) Revising the selling price of real property to reflect what it would be worth if typical financing was available. (2) How much real property would be sold for if all cash was involved. ...
Persons considered legally capable of entering into a binding contract. ...
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Comments for Cooperative
Do you work with Mortgage lenders? Unless I'm missing something, I only see that you offer information on mortgage terms etc?
Nov 20, 2018 10:47:58Hey, Tyler!
Nov 20, 2018 17:30:35Thanks for reaching out.
The OFFICIAL Real Estate Agent Directory® works only with Real Estate Agents but we have information on mortgage terms because a lot of home buyers have real estate questions regarding mortgage terms so we provide this database of terms to help them out. But we work with no mortgage lenders. If you need to contact one, you can try to reach out to one of our real estate agents in Herdon VA and see if they can direct you to one.
Good luck!
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