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Open listing |
A contract under which the broker is
commissioned to find a buyer before the property is sold by the seller or
another competing broker |
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Option |
The agreement to keep an offer to purchase or
lease open for a specific period of time |
|
Option listing |
An agreement by which the broker advertising the
property has the right to purchase the listed property himself |
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Origination fee |
A fee paid to the lender for processing a loan
application |
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Owner financing |
A property transaction for which the seller
provides all or part of the financing to the buyer |
|
Owner's Title Insurance |
A policy insuring the full purchase price of a
piece of property for the buyer, usually including adjustments for inflation
each year up to a maximum of 150% of the original policy amount, the premium
for which is payable at the time of closing |
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Did I Miss the Word YOU Are Looking For? Is there a real estate word that I failed to explain here in my dictionary for homebuyers and sellers? Let me be your personal real estate dictionary! I'll send a brief explanation of any word or term that you encounter when buying and selling property. Do you have a suggestion of a real estate word that should be included? Let me know! I always appreciate feedback. Do any of these definitions raise questions for you? Didn't find the word you're looking for? Let me know! I'm happy to answer ANY questions. It's my job! There's no obligation, and I promise to get back to you quickly...
| Q |
Which nation, fueled by an oil and manufacturing boom, claims the world's longest building?
|
| A |
The "Linear City" of Malasia is currently the longest.
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 See More Real Estate Trivia > |
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Kathy Brown
Ebby Halliday Realtors
1016 E. Hebron Pkwy #140
Carrollton, TX 75010-1000
Phone: 972-381-6119
Fax: 972-862-5987
Email: dallashomesales@NUMBER1EXPERT.com
Kathy Brown is a native Texan who began her real estate career in 1984. She has been a Dallas/ Fort Worth resident for over thirty years and has personally experienced numerous relocations. She is an Ebby Halliday Multi-Million Dollar Producer and "Star Achiever". Let Kathy Brown make your next move your BEST MOVE!
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