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
Method of selling and obtains possession, but the seller retains the title. ...
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The down payment on the price of a real estate. For example, it is customary to make a down payment of 10% of the value of a real estate parcel upon signing the purchase agreement. ...
The time period a real estate investment is held. The return is tied to the time period of the investment. The period is used for income tax purpose to determine whether a profit earned or ...
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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