Glossary of Real Estate Industry Terms » Mortgage Masters Group

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"A real estate broker or agent who is a member of the National Association of Realtors, a professional real estate group that subscribes to a Code of Ethics. Not every broker or agent is a Realtor, a word that is a registered trademark and always capitalized." is a method of Real Estate Agents and Agencies. In no way is responsible for the services provided by the advertisers on this site, nor can it be held liable for any damages resulting from the services, contacts, or deals resulting from agents found within this site.

Meanwhile, over the past two years, she has been backing away from real estate. a master’s degree in statistics and operations research from New York University. He was hired from that program to.

But the type of Spanish spoken at home or in classrooms doesn’t typically include technical real estate terms. glossary with the help of paid consultants and a volunteer committee of real estate.

fixed-rate mortgage A mortgage whose rate remains constant throughout the life of the mortgage. flood insurance The federal flood disaster Protection Act of 1973 requires that federally-regulated lenders determine if real estate to be used to secure a loan is located in a Specially Flood Hazard Area (SFHA).

Understanding Mortgage Lingo: A real estate glossary of Terms. Earnest money is typically 1% to 3% of the sale price, deposited via cashier’s check, personal check, or wire transfer one to three days after the seller accepts the final offer. Equity – The amount of a property’s value that the owner actually owns.

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Agreeing to the terms of an offer to enter into a contract, thereby creating a binding contract. 2. Taking delivery of a deed from the grantor. Accession The acquisition of title to additional property by its annexation to real estate already owned.