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Dec 6, 2022 · Like blockbusting, redlining is a discriminatory practice, made illegal by the Fair Housing Act. Unlike blockbusting, it is specifically about lending. Redlining is the act of refusing a person access to a loan for property in a particular neighborhood based on their race, color, religion, nationality, sex, or marital status—or those characteristics of the neighborhood’s current residents ...
Convey means to transfer title deeds. It’s the process of transferring ownership of a property from one party to another, typically from a seller to a buyer. The process includes the transfer and recording of deeds, payment for any outstanding liens or loans on the property, and the transfer of tax information to the new owner.
Mar 24, 2024 · No zoning in real estate means that there are no restrictions on the type of development or use of the land. This means that the landowner can do whatever they want with the property, regardless of what the local zoning board would allow. This can have both positive and negative impacts on the area, depending on the types of development that occur.
Unlike multifamily real estate, an SFR is not usually attached to the living space of another family unit. Whether looking to rent or invest, the Wan Bridge team wants to get informed about the great options that exist with SFR type real estate.
Jun 1, 2022 · What is an opportunity zone? Opportunity zones are “an economically distressed community where private investments” — in other words, real estate development — “may be eligible for ...
That we can even ask these questions demonstrates just how pervasive the concept has become in both real estate development and urban planning. As urban and suburban residents call for more walkable neighborhoods – replete with homes, recreation, and work places – developers are responding with more and more mixed-use projects.
Jun 30, 2022 · Landlocked: In a business sense, a piece of property that is totally inaccessible via public thoroughfare, except through an adjacent lot. A vacant lot that is located behind a strip mall and can ...
