Tag: FEE

  • Fee Simple Ownership: Definition, Types, and How It Works

    If you purchase an apartment in Florida, like a condominium or a rental apartment, the fact remains that you’ll have fee simple ownership of the real estate. The fee simple way of owning a condominium is by far the most common type of homeownership in the country. However, if you don’t own an apartment you’ll…

  • MORTGAGE ORIGINATION FEE: What You Should Know

    A mortgage lender evaluates your qualifications before taking a calculated risk while funding your home loan. Lenders impose a range of fees in exchange for providing you with a mortgage to buy or refinance a property so that they may make money to provide more home financing to others. A mortgage origination fee is one…