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What is PFS REO?

The PFS is a summary of the borrowers financial assets and liabilities, giving the lender a look at the borrowers financial position at that moment in time. Among other things, a PFS is a glimpse at the investors total net worth. The PFS is useful for any kind of loan, whether it is used for an investment or not.

What does holding real estate mean?

Real Estate Holding Company. A real estate holding company is a business that is principally engaged in owning, holding, selling, or leasing real estate. These companies derive most of their income from dividends, interest, royalties, and rent collection.

What is a schedule of real estate holdings?

What is a Schedule of Real Estate Owned? A schedule of real estate owned (SREO) is a form that lists all properties that an investor has a full or partial interest in, along with the current market values and corresponding debt obligations or mortgage balances.

What is a Schedule A in real estate Ontario?

Schedule A - this is created by the Realtor representing the home buyer, and includes all conditions and terms of the sale. These are the conditions favourable to the home buyer, and the Schedule A is where these conditions are outlined (like financing, home inspection, etc) along with any other terms.

What is an SREO in real estate?

A schedule of real estate owned form lists all properties that an investor has full or partial ownership of, and it also includes the corresponding debt obligations. The document is a standard piece of the paperwork that lenders ask for when an investor applies for a commercial real estate loan.

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