Soft Money


Definition of "Soft money"

  1. Money paid for a real estate project or investment that can be taken off on the tax return as an expense.
  2. Expenditures made during construction of a building that do not go directly into the building. Examples are permit fees, interest on borrowed funds, attorney fees, and real estate taxes.



Search Real Estate Glossary

 

Related Real Estate Glossary terms

Storm Insurance (windstorm Insurance)

Additional coverage to a property policy. Windstorms are not one of the standard covered perils. If ...

Crude Death Rate

Total deaths as a percentage of total population for a stipulated period of time. ...

Reinstatement Clause

Provision in the insurance policy lapses due to premium nonpayment, all unpaid premiums must be pai ...

Perimeter Heating

Warm air heating system where ducts are located in the concrete slab of a building constructed witho ...

Use Density

percentage of land that may be used productively to the total square footage of the land. For exampl ...

Ownership Of Expirations

Retention of all files of policies sold by the agent of record who, according to written agreement w ...

Related Real Estate FAQ

What Is An Appreciation?

Changes in the market conditions, or improvements to the property that increase the value of the pro ...

What Is A Mortgagee?

A morgagee is the lender. ...

What Is Equity?

Equity is the financial interest or cash value of your home, minus the current loan balance(s). If s ...

What Is A Subprime Mortgage?

A subprime mortgage is a mortgage granted to a borrower who is considered subprime-that is, a person ...

What Is A Home Warranty?

A home warranty is a guarantee for certain features of a new home-for instance, the materials and wo ...

Should I Pay Extra Each Month?

This calculator figures how much interest savings you will have depending on how much extra you pay ...

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

Agents join here
Add our widget on your Website

Real Estate Advice

Home Prices - The Extra Costs Why Use a Real Estate Agent? 5 U.S. Cities with the Best Public Transportation Real Estate Open House - The Dos and Don 7 Tips for a First Time Homebuyer

FAQ

What is a foreclosure? What is a lease purchase mortgage? I looked at a property yesterday with a REALTOR® who seems to be clueless. I am really interested in purchasing the property, though. Can I switch agents and still make the purchase? How much money can I borrow to buy a home? What is a qualifying ratio?