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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 I Miss the Word YOU Are Looking For? Is there a real estate word that I failed to explain here in my dictionary for homebuyers and sellers? Let me be your personal real estate dictionary! I'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 me know! I always appreciate feedback. Do any of these definitions raise questions for you? Didn't find the word you're looking for? Let me know! I'm happy to answer ANY questions. It's my job! There's no obligation, and I promise to get back to you quickly...
| Q |
What does the term Curb Appeal mean?
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| A |
This term describes how homes look from the street; this first impression is very important to prospective homebuyers. |
 See More Real Estate Trivia > |
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Kay Cheek
Ebby Halliday Realtors
1415 Legacy Drive, Suite 100
Frisco, Texas 75034
Voice Mail: 972-733-8025
Office: 972-335-6564
Fax: 972-335-6567
Email: kaycheek@ebby.com
The Kay Cheek Team is Ebby's #1 Company-Wide Team. In addition, Kay is a Company Wide Top 10 Honor Roll member and a VIP Customer Service Award Winner. She brings 30+ years of residential real estate experience to the Dallas, Plano, Frisco, Southlake, McKinney, Allen, Prosper, and Park Cities areas.  
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