Remove Loan Officer Remove Proof of funds Remove Short sale
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131 Real Estate Terms & Definitions Your Clients Expect You to Know in 2023

The Close

This can lead to a short sale, foreclosure auction, and/or the lender taking possession of the property. Freddie Mac is the common name for the Federal Home Loan Mortgage Corporation, or FHLMC. Loan officer. Proof of funds. These funds must be liquid, not stocks or bonds. Short sale.