A+ Realty Profesinals, Inc - Thayer D. Fairing Licensed Real Estate Broker (25 Years of Experience)
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Real Estate Glossary of Terms

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.

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© 2024 A+ Realty Profesinals, Inc., All Rights Reserved
Thayer D. Fairing, Licensed Real Estate Broker, License # BK3232450; 25 years of experience in the real estate profession.
He is a licensed Real Estate Broker, Licensed Mortgage Broker and Licensed Title Insurance Agent

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