click below
click below
Normal Size Small Size show me how
RE Finance Ch 14
Real Estate Finance and Investments
Term | Definition |
---|---|
disposition | sale of the property |
equity buildup | Assuming that the mortgage on the property has positive amortization, as the outstanding mortgage balance decreases the investor's equity position increases. |
low-income housing tax credit | |
marginal rate of return | The return that would result from holding the property only one additional year. |
optimal holding period | |
rehabilitation investment tax credits | |
reinvestment rate | |
renovation | improving a property by enlarging ir or by making major capital improvements to upgrade quality and reduce operating costs |