Blind Pool

Definition of "Blind pool"

Sylvia Costantino

Sylvia Costantino Peoples Choice Realty

Limited partnership in which limited partners rely on the general partner to choose specific properties after the funds are available.

Have a question or comment? We're here to help.

Search Real Estate Terms

Popular Real Estate Terms

Blind Pool Syndicate

Money raised by a syndicate promoter and placed into a fund prior to selecting the specific property in which funds will be invested. ...

Loan

An agreement by which the owner of property (the lender) and a borrower agree to let the borrower use the property for a particular time period and in ...

Reconveyance Deed

Deed used to convey property back to the original property owner. Normally a reconveyance deed is issued upon the satisfaction of a property's mortga ...

Pier

A column designed to support a concentrated load. A pier column is made out of steel, steel reinforced concrete or wood. A structure extending ou ...

Gambrel Roof

Roof having two slopes or pitches on each side. The lower slope is greater than the upper slope. ...

Land Value Map

Map delineating property values over a designated area. Land value maps are usually developed by a governmental planning agency. ...

Popular Real Estate FAQ

What Is A Multiple Listing Service (MLS)?

A multiple listing service is a computerized listing of the homes for sale in an area listed with a realtor. Agents are granted access to the MLS and ...

What Is An Investment Property?

An investment property is a property you purchase with the intension of using it as a rental income or for investment purposes rather than to live in. ...

What Are Discount Points?

Discount points are a type of point paid by the borrower to reduce the interest rate. ...

What Happens When A Property Starts To Depreciate?

When a property depreciates it declines in the value of the property due to poor location, dilapidation, or other factors. ...

What Is Zoning?

Zoning is the laws that establish how a property can be used and what codes must be followed when erecting new buildings. ...

What Is A Treasury Index?

A treasury index is an index used to determine interest-rate changes for certain adjustable-rate mortgages (ARMs). This index is based on the results ...

Read why Real Estate Agent rates 5 Stars in 10 Agent Reviews

Agents join here

Add our widget on your Website

Real Estate Advice

Down Payment: Everything You Wanted to Know Luxury Real Estate Forecast Furnished Rental Tips for Real Estate Investors How to Buy a House Quickly What is a Credit Score and How Does it Impact Real Estate?

FAQ

What is the difference between being prequalified and preapproved for a loan? What is escrow? What is a title? What are comparables or comps? What is an assessed value?