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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 |
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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 |
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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 We Miss the Word YOU Are Looking For? Is there a real estate word that we failed to explain here in our dictionary for homebuyers and sellers? Let us be your personal real estate dictionary! We'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 us know! We always appreciate feedback. Do any of these definitions raise questions for you? Didn't find the word you're looking for? Let us know! We're happy to answer ANY questions. It's our job! There's no obligation, and we promise to get back to you quickly... |
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Dominic Labriola, Broker
Concierge Service Properties
3269 Maricopa Avenue Suite 114-123
Lake Havasu City, Arizona 86406
Toll Free Direct: 888-854-5511
Local Lake Havasu: 928-854-5511
Fax: 928-223-5555
Email: DialDominic@gmail.com
Time is the most valuable resource, and we don't want to waste yours. Our team approach allows us to specialize. When you work with The Concierge Service Team, you don't just get one agent to work for you, you're working with an organized team of professionals. Search easy at www.HavasuHomesNow.com - Lake Havasu's Ultimate Home Searching website with Full Details, Large Photos, Maps and Satellite Views. Read our blog updated weekdays at www.DialDominic.Wordpress.com. Our area information site www.Havasu-Real-Estate.com has all of our featured homes and a gorgeous slideshow of photos of Lake Havasu City.
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