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A gap, also known as a hiatus, occurs where the descriptions in deeds describing adjacent properties (unintentionally) overlook a space or "gap" between them. A gore occurs where descriptions in larger administrative boundaries (towns, counties) of adjacent jurisdictions or, large parcels, all fail to include some portion of land between them ...
Gap financing can also be used in purchase/rehab lending to fill the "gap" between the borrower's down payment, and the amount lent by the 1st lien holder, or rehab lender. Typically rehab lenders will only go to 65-70% ARV (After Repair Value), so if the borrower is bringing 10% into the deal, the gap funder would provide the other 20-25%, and ...
Redlining Louisville: Racial Capitalism and Real Estate, a project by the Louisville Metro Government, offers an interactive map showing the impact of redlining and racial covenants. It includes maps, narratives, and data sets that illustrate the long-term effects of these discriminatory practices. [64]
Peter Vanek, president of PVRK, a Southern California-based real estate consulting company, said his home was destroyed by a battery fire in 2023. His insurance initially estimated $350,000 for ...
This racial gap in home appraisals is a real phenomenon, one that sabotages the wealth-building power of homeownership in Black and Latino neighborhoods, according to a significant body of ...
Here’s why it’s so hard for younger generations to become homeowners today — and how you can still invest in real estate without purchasing an entire property. It's still expensive to buy a home
Investment in the property market will only be made if a rent gap exists. Thus, the rent gap theory is contrary to explanations for gentrification that focus on cultural and consumption preferences and housing preferences. It is mainly an economic approach that sees cultural factors as secondary.
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