6 definitions by uabaycat09
Typical infill real estate development found in nearly all large cities. This is seen where a classic residential house/lot is scraped off and replaced with multi-family development. This is a strategy to densify the voter roll.
Look how many Voter Dwelling Units (VDUs) are going up in this neighborhood honey. They’re just jamming voters into VDUs now.
by uabaycat09 October 10, 2020
A Joan loan, also known as a jumbo mortgage, is a type of financing that exceeds the limits set by the Federal Housing Finance Agency (FHFA). Unlike conventional mortgages, a Joan loan is not eligible to be purchased, guaranteed, or securitized by Fannie Mae or Freddie Mac therefore typically requires backing via connections to private equity whether direct or indirect.
Designed to finance luxury properties and homes in highly competitive local real estate markets, joan mortgages come with unique underwriting requirements and tax implications. These kinds of mortgages gained traction as the housing market recovered following the Great Recession.
This typically results in an over-leveraged person or business as theyve’ve borrowed too much money in relation to their ability to pay it back: When prices collapsed, many over-leveraged people went bankrupt.
Designed to finance luxury properties and homes in highly competitive local real estate markets, joan mortgages come with unique underwriting requirements and tax implications. These kinds of mortgages gained traction as the housing market recovered following the Great Recession.
This typically results in an over-leveraged person or business as theyve’ve borrowed too much money in relation to their ability to pay it back: When prices collapsed, many over-leveraged people went bankrupt.
Hey honey, look at this house. It’s a bit out of price range now, but we can apply for a Joan loan and “afford” this beautiful home.
by uabaycat09 July 23, 2023
What girls do when they go club'n and or participate in a "girls' night out". The act of engaging in a gender-exclusive activity where women meet to engage in social activities.
by uabaycat09 October 24, 2013
by uabaycat09 May 8, 2020
Everybody but me.
by uabaycat09 June 2, 2021
by uabaycat09 August 29, 2018