Real Estate Term of the Day: Clear Title & Cloud on the Title

Real Estate Term of the Day: Clear Title & Cloud on the Title CLEAR TITLE – a marketable title; one free of clouds and disputed interests (Barron’s Dictionary of Real Estate Terms) CLOUD ON THE TITLE – an outstanding claim or encumbrance that, if valid, would affect or impair the owner’s title (to the property) (Barron’s … More Real Estate Term of the Day: Clear Title & Cloud on the Title

Real Estate Term of The Day: Recap of the “A” Terms

ABSORPTION RATE ACCESSIBILITY ACRE ADJUSTABLE RATE MORTGAGE (ARM) ADJUSTMENTS IN APPRAISAL ADJUSTED SALES PRICE AGENCY AGENCY DISCLOSURE AGENT AMENDMENT AMENITIES AMERICAN LAND TITLE ASSOCIATION AMORTIZATION AMORTIZED LOAN AMORTIZATION SCHEDULE AMORTIZATION TERM ANNUAL PERCENTAGE RATE (APR) APPRAISAL APPRAISAL APPROACH APPRAISAL REPORT APPRAISED VALUE APPRECIATION ARCHITECTURE ARREARS ASBESTOS AS IS ASKING PRICE ASSESSED VALUE ASSESSMENT ASSESSOR ASSUMABLE … More Real Estate Term of The Day: Recap of the “A” Terms

Real Estate Term of the Day: Closing Costs & Closing Statement

Real Estate Term of the Day: Closing Costs & Closing Statement CLOSING COSTS – various fees and expenses payable by the seller and buyer at the time of a real estate closing (Barron’s Dictionary of Real Estate Terms) CLOSING STATEMENT – an accounting of funds from a real estate sale, made to both the seller … More Real Estate Term of the Day: Closing Costs & Closing Statement