
open application
Having an open application will eventually lead to a problem. One should always strive to close out all applications as soon as possible. The open applications usually come to light when the transfer of property ownership takes place. New owners, many times, are mandated by their lending partners to run a check of property records. Because it takes time to close out these applications, they may adversely affect the timeline of sale or kill it altogether.
Because it takes time to close out these applications, they may adversely affect the timeline of sale or kill it altogether. Five line on text to cover a picture.
Related terms
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The meaning of Application


