All agents are NOT alike! Find out why we are proven top real estate experts. Call us: 469-964-8572.
Buyers Want Your Home for as Little as Possible. Are you thinking of selling your home? You should know exactly what it's worth before making such an important decision. Find Out More > View All Offers >
A contract under which the broker is
commissioned to find a buyer before the property is sold by the seller or
another competing broker
Option
The agreement to keep an offer to purchase or
lease open for a specific period of time
Option listing
An agreement by which the broker advertising the
property has the right to purchase the listed property himself
Origination fee
A fee paid to the lender for processing a loan
application
Owner financing
A property transaction for which the seller
provides all or part of the financing to the buyer
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
Is there a real estate word that we failed to explain here in our dictionary for homebuyers and sellers? Let us be your personal real estate dictionary! We'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 us know! We always appreciate feedback.
Fill out the form below for a quick response from us by email. It's free, without obligation, and we guarantee your privacy.
The Keegan Group Ebby Halliday Realtors 2604 Ridge Road Rockwall, Texas 75087 469-964-8572 972-380-3361 Fax: 972-772-6127 MichaelKeegan@Number1Expert.com
Michael's 20 years of client service and customer satisfaction have allowed him and his team to be ranked as one of the top 1% real estate groups in the nation. The Keegan Group specializes in North Dallas, Highland Park, University Park, Plano, Frisco, Richardson, Allen, Mckinney and the Lake Ray Hubbard communities of Rockwall and Rowlett.
www.michaelkeegan.com is brought to you by
The Keegan Group NUMBER1EXPERTS™ in real estate for
Highland Park, North Dallas and Rockwall, Texas
- NUMBER1EXPERTS™ 
