American Society Of Real Estate Counselors (ASREC) at Mortgage Glossary

What is it? A professional organization, affiliated with the National Association of REALTORS, composed of individuals with proven success in real estate counseling who serve clients on a fee basis. The society offers its members exclusive use of the professional des

Mortgage Dictionary Term Added By: Lucas

Send To Friends!

If you'd like to send the American Society Of Real Estate Counselors (ASREC) definition to yourself or to your friends/colleagues, just enter the e-mail addresses in the boxes below -

We hope you now understand the meaning of American Society Of Real Estate Counselors (ASREC). If you need any more information on this term, please don't hesitate to contact us.

Other Similar Mortgage Terms:

Mortgage Term encroachment is An improvement that intrudes illegally on anothers property.

Mortgage Term Loan -To-Value is (LTV). The loan-to-value ratio (LTV) is the original loan amount divided by the lower of the sales price or the appraised value.

Mortgage Term Rate-improvement mortgage is A loan with a clause that entitles a borrower to a one-time cut in the interest rate without going through refinancing.

Mortgage Term Non-Assumption Clause is A statement in a mortgage contract forbidding the assumption of the mortgage by another borrower without the prior approval of the lender.

Mortgage Term Project budget is A fiscal outline that includes the construction budget and all costs for land, furniture, equipment, financing, professional services, contingencies and owner-furnished goods and services.