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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 |
Where would you go to enjoy a soak in the world's largest bathtub?
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| A |
The Spa Resort Hawaiians in Fukushima, Japan, offers an outdoor soaking tub that occupies a total area of 10,760 square feet and can accommodate 1,500 persons at one time. |
 See More Real Estate Trivia > |
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Drew Coleman
The Hasson Company Realtors
15400 SW Boones Ferry Road
Lake Oswego, OR 97035
Cell: 503-534-1550
Fax: 503-212-5150
Office: 503-635-9801
DrewColeman@NUMBER1EXPERT.com
Top-producing full time real estate professional since 2001. Headquartered in Lake Oswego, Oregon at America's top-producing real estate company on a per-agent basis, The Hasson Company Realtors. Recognized as one of Portland's top agents based on standing in highest classification of the Metropolitan area's "Million Dollar Club" as well as holding the ABR, GRI, E-Pro, CRS, CNHS, & RCC designations. Areas of expertise include Urban and Suburban Portland, Oregon, including Portland, Lake Oswego, Beaverton, Tigard, Tualatin, West Linn, Clackamas, Milwaukie, Wilsonville, Aloha, Hillsboro, Newberg and Sherwood. Seeks to streamline and modernize the real estate process through the use of innovative techniques, technologies, and marketing strategies.
New construction, luxury real estate, one-level homes, first-time home purchases, property marketing, relocation, estate sales, investment real estate, condominiums, move-up transactions, move-down transactions, rehabbing, land, development, senior real estate.      
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