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What Are Qualified Opportunity Zones? - Provident 1031

Article on Jun 11, 2023

What Are Qualified Opportunity Zones? Important Details for Investors

Investing in blighted or up-and-coming “opportunity zones” offers some significant tax-deferral opportunities, and if you hold your investment for 10...

Daniel Goodwin
Published by Kiplinger

Article on May 28, 2023

Pros and Cons of Deferring Taxes with A 721 Exchange

A 721 exchange, or UPREIT, can be a great tax mitigation strategy for investors, though not everyone is suited to them.

Daniel Goodwin
Published by Kiplinger

Article on May 2, 2023

Opportunity Zones and Inflation: What Investors Want To Know

Given the backdrop of inflation, rising interest rates and a possible recession in 2023, what can opportunity zones do for...

Daniel Goodwin
Published by Kiplinger

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Common Questions

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Glossary Definitions

survey

A drawing or map showing the precise legal boundaries of a property, the location of improvements, easements, rights of way, encroachments, and other physical features.

subordinate financing

Any mortgage or other lien that has a priority that is lower than that of the first mortgage.

subdivision

A housing development that is created by dividing a tract of land into individual lots for sale or lease.

settlement statement

See HUD1 Settlement Statement

servicing

The collection of mortgage payments from borrowers and related responsibilities of a loan servicer.

servicer

An organization that collects principal and interest payments from borrowers and manages borrowers’ escrow accounts. The servicer often services mortgages that have been purchased by an investor in the secondary mortgage market.

seller carry-back

An agreement in which the owner of a property provides financing, often in combination with an assumable mortgage.

security

The property that will be pledged as collateral for a loan.

secured loan

A loan that is backed by collateral.

secondary market

The buying and selling of existing mortgages, usually as part of a “pool” of mortgages.

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Glossary Definitions

(281) 466-4843

[email protected]

Book A Strategy Call

25511 Budde Road, Suite 1002 The Woodlands, Texas 77380

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25511 Budde Road, Suite 1002
The Woodlands, Texas 77380