- Branche: Real estate
- Number of terms: 2794
- Number of blossaries: 0
- Company Profile:
Coldwell Banker is a large real estate franchise founded in 1906 in San Francisco. Coldwell Banker has an international presence, with offices on six continents, 46 countries and territories. There are more than 600 Coldwell Banker offices outside of the United States.
The buying and selling of first mortgages or trust deeds by banks, insurance companies, government agencies, and other mortgagees. This enables lenders to keep an adequate supply of money for new loans. The mortgages may be sold at full value ("par") or above, but are usually sold at a discount. The secondary mortgage market should not be confused with a "second mortgage."
Industry:Real estate
The metal used around the base of roof mounted equipment, or at the junction of angles used to prevent leaking.
Industry:Real estate
A loan that is backed by collateral. In the case of a mortgage loan, the collateral is the house.
Industry:Real estate
Supplemental insurance which covers a home owner for any loss due to water damage from a flood. Often required by lenders for homes located in FEMA-designated flood zones.
Industry:Real estate
The representation of a building which shows the basic outline of the structure, as well as detailed information about the positioning of rooms, hallways, doors, stairs and other features. Often includes detailed information about other fixtures and amenities.
Industry:Real estate
Agent acts solely on the sellers' behalf. Agent has full fiduciary responsibilities that include reasonable care, undivided loyalty, confidentiality, and full disclosure. This means the agent places the sellers' interest above all else.
Industry:Real estate
The relationship between the total amount of floor space in a multi-story building and the base of that building. FAR’s are dictated by zoning laws and vary from one neighbourhood to another, in effect stipulating the maximum number of storeys a building may have.
Industry:Real estate
A financial institution which collects mortgage payments from borrowers and applies the appropriate portions to principal, interest and any escrow accounts.
Industry:Real estate
