- Industry: Real estate
- Number of terms: 9847
- Number of blossaries: 0
- Company Profile:
Century 21 Real Estate LLC is a real estate agent franchise company founded in 1971. The Century 21 System consists of over 7,800 independently owned and operated offices. Century 21 has offices in all 50 states and in more than 67 countries and territories.
A contract between purchaser and a seller of real estate to convey title after certain conditions have been met. It is a form of installment sale.
Industry:Real estate
A fixed rate and fixed term loan that is made without government insurance.
Industry:Real estate
Some ARM Color loans include a provision that allows it to convert to a fixed rate mortgage at specific times, usually from the end of the first through the fifth years. There is usually an additional fee, $300-$500, to convert it.
Industry:Real estate
The transfer of title to real estate property by means of a written instrument such as a deed or an assignment of lease.
Industry:Real estate
In a residential co-operative, the buyer purchases shares in the co-op corporation which is made up of the residents in the co-op property. The buyer owns the shares rather than owning real property. In exchange he has the right to lease and occupy a co-op unit.
Industry:Real estate
Agreements written into deeds and other instruments stating performance or non-performance of certain acts or noting certain uses or non-uses of property.
Industry:Real estate
Lenders will investigate your credit record which is a history of your credit reports.
Industry:Real estate
The ratio, expressed as a percentage, which results when a borrower's monthly payment obligation on long-term debts is divided by his or her gross monthly income.
Industry:Real estate
A provision in a mortgage or deed of trust that allows the lender to demand immediate payment of the balance of the mortgage if the mortgage holder sells the home.
Industry:Real estate
