Real Estate Glossary



  Special Deposit Account

An account that is established for rehabilitation mortgages to hold the funds needed for the rehabilitation work so they can be disbursed from time to time as particular portions of the work are completed.

 

[ Back To Real Estate Glossary ]

STAR Realtors "Moving people...Realtors to the Stars!"972-979-0060 or 214-477-3088


Guest Book | Home | Mortgage Rates | Relocation | Community Info/Links | Contact Carrie

Real Estate Websites by iHOUSEweb, Inc. ®

Site Admin Menu