Tag: home maintenance

Real Estate Term of the Day: Deferred Maintenance

February 18, 2012

Real Estate Term of the Day: Deferred Maintenance DEFERRED MAINTENANCE – a type of physical depreciation owning to lack of normal upkeep (Barron’s Dictionary of Real Estate Terms) Common examples of deferred maintenance can be: broken windows/doors missing roof shingles/severely damaged roof peeling paint broken gutters wood deck maintenance neglecting broken a/c, finance, hot water … More Real Estate Term of the Day: Deferred Maintenance

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

February 11, 2012

CAP CERTIFICATE OF OCCUPANCY CLEAR TITLE CLOSING CLOSING AGENT CLOSING COST CLOSING DATE CLOSING STATEMENT CLOUD ON THE TITLE CLUSTER HOUSING CODE OF ETHICS COMMISSION COMMITMENT LETTER COMMON AREAS COMMUNITY ASSOCIATION CO-MORTGAGOR COMPARABLE SALES COMPARATIVE MARKET ANALYSIS CONCESSIONS CONDITIONS CONDITIONAL OFFER CONDITIONS, COVENANTS & RESTRICTIONS CONDOMINIUM CONFORMING LOAN CONTRACT FOR PURCHASE CONVENTIONAL LOAN CONVEYANCE COUNTEROFFER … More Real Estate Term of The Day: Recap of the “C” Terms