REAL ESTATE DICTIONARY

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NATURAL RESOURCES

Viable and/or renewable products of nature; natural environments of soil, air and water; plants and animals on grasslands, rangelands, croplands, forest, lakes, and streams.

NAVIGATION SERVITUDE

Public right of navigation for the use of the people at large.

NEGATIVE EQUITY A position in which a borrower owes more on property than the property is worth

NEGOTIABLE

A promissory note, or similar instrument, is said to be negotiable if title to the instrument, and the money it represents, can be transferred by mere endorsement and delivery by the holder, or by delivery only

NET INCOME

in general, synonymous with net earnings, but considered a broader and better term; the balance remaining, after deducting from the gross income all operating expenses, maintenance, taxes, and losses pertaining to operating properties excepting interest or other financial charges on borrowed or other capital.

NET LEASE

A lease agreement whereby the lessee pays all property charges (taxes, insurance, maintenance) in addition to rent. Local market customs and terms vary, in some areas, "net, net" and "net, net, net" are used.

NONEXCESS PROPERTY

Property required for an Army mission but proposed for sale: the proceeds would fund acquisition of replacement land or facilities. Authority to sell non-excess property is found at 10 U.S.C. 2667a.

NONJUDICIAL FORECLOSURE Foreclosure on a mortgage without filing a lawsuit or obtaining a court order. Generally such sales occur because the borrower has signed a document, such as a deed of trust, giving a trustee pre-authorization to sell the real estate to pay off the debt

NONUSABLE CONDITION

Describes a facility which is unserviceable because of deterioration, because it requires extensive restoration, or because it is dangerous to equipment or to the health and safety of personnel.

NOTARY PUBLIC A person authorized to take acknowledgment to certain classes of documents, such as deeds, contracts, mortgages, and before whom affidavits may be sworn

NOTE

A written instrument acknowledging a debt and promising payment.

NOTICE OF DEFAULT Letter sent to a defaulting party as a reminder of the default. It may state a grace period and the penalties for failing to cure the default
NOTICE OF RESCISSION A document that is used to cancel a notice of default and declare that the default has been corrected

NOTICE TO QUIT

A written notice from a landlord to a tenant that the tenant must vacate the premises at the end of the term or immediately, if the lease is at will.

 

COMPANY OVERVIEW
CCFG Investments provides alternative financing solutions for real estate investors, developers, and investment property owners. Our creative and flexible lending programs are the direct result of our involvement in more than 500 million dollars of real estate.
CONTACT

858.456.2423 direct
858.225.3683 fax
info@ccfginvestments.com
2020 Columbia St
San Diego, CA 92101

PARTNERS PROGRAM
In today’s environment, professional account management is more crucial than ever. Constant oversight and communication with Borrower and Lender are necessities to maintain the viability of your transactions. We know that your clients are the heart of your business; we also know that bookkeeping and daily customer service can keep you out of your point of sale.
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INVESTMENT PROPERTIES
With investment property loan rates at all time lows, there is not better time than now to refinance an your investment property. There are many benefits associated with investment property refinance. However, as with all financial decisions, you should carefully evaluate your situation before making that choice.
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REHABBERS AND DEVELOPERS
As a direct lender, CCFG Investments specializes in short-term loans secured by residential and commercial real estate. Our knowledge of the real estate marketplace allows us to fund transactions that often do not meet the strict underwriting criteria of traditional lenders. Understanding that no two transactions are identical
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