- 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.
A clause in a contract; an agreement contained in a deed for the performance or non-performance of certain acts.
Industry:Real estate
A right given to a person to buy, sell or lease property within a stated period and under certain specified terms. A contract to keep an offer open.
Industry:Real estate
The number of percentage points the lender adds to the index to calculate the ARM interest rate at each adjustment. For example, an index rate of 8% plus a margin of 2.5% could result in a home loan rate of 10.5%. The fixed margin over the index covers the lender's operating expenses and profit margin.
Industry:Real estate
The amount of cash a home buyer initially invests in the home.
Industry:Real estate
The current value of real estate that a buyer is willing to pay and a seller is willing to accept.
Industry:Real estate
The process a lender takes to pursue a borrower who is delinquent on his payments in order to bring the mortgage current again. Includes documentation that may be used in foreclosure.
Industry:Real estate
As used in appraisal, loss in value due to any cause. As used in taxation, a capital cost recovery out of income.
Industry:Real estate
To make known or public. By law, a seller of real property must disclose facts that affect the value or desirability of the property. Unless exempt, the seller completes and signs specific disclosure forms, including the Real Estate Transfer Disclosure Statement, to disclose those material facts.
Industry:Real estate