Real Estate Term of the Day: Custom Builder & Production Builder

Real Estate Term of the Day: Custom Builder & Production Builder CUSTOM BUILDER – one who builds unique houses, in contract with a tract builder (Barron’s Dictionary of Real Estate Terms) There are two types of custom home builders (source: REBAC Buyer Representation in New-Home Sales): Pure custom home builders – Works from unique architectural … More Real Estate Term of the Day: Custom Builder & Production Builder

Real Estate Term of the Day: Credit History, Credit Bureau & FICO Scores

Real Estate Term of the Day: Credit History, Credit Bureau & FICO Scores CREDIT HISTORY – an individual’s past behavior regarding the taking out and repayment of loans and the use of revolving credit, such as credit cards.  Credit histories are recorded by a small number of national credit reporting companies who issue credit reports. … More Real Estate Term of the Day: Credit History, Credit Bureau & FICO Scores