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Mortgage – Investopedia – Sharper Insight. Smarter Investing. – Related Terms . Vendor Take-Back Mortgage: Definition and How It Works.. A dry loan is a mortgage where the funds are supplied after all of the required sale and loan documentation is completed.
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497 Real Estate Terms to know [realty definition dictionary] – The 497 Real Estate Terms & Definitions 1031 Exchange (1031 tax deferred exchange) Under Section 1031 of the IRS Code, some or all of the realized gain from the exchange of one property for a like kind property may be deferred.
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