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 ]

THE SCHACHTE COMPANY
PROVIDING PROFESSIONAL REAL ESTATE SERVICES IN THE CHARLESTON AREA FOR MORE THAN 130 YEARS.


Home

Real Estate Websites by iHOUSEweb, Inc. ®

Site Admin Menu