Money accumulated and set aside to cover recurring, periodic expenses such as property repairs, T&I, leasing commissions or taxes. Also includes funds set aside to be used to make monthly mortgage payments in the case of financial difficulty or to cover interest costs during construction.
Foreclosure.com Advantage:
At Foreclosure.com, we are driven by a mission — to streamline the journey of finding and purchasing distressed properties for our users across the nation. We understand both the challenges and opportunities presented by the real estate market. So learning is an essential part of investing and we equip you with tools and knowledge through how-to videos, insights from local area experts, and state-specific legal information. These resources are designed to empower you with the knowledge to make informed decisions, whether you're a first-time buyer or seasoned investor.
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