- 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 loan with no "points". The interest rate on such a loan will be higher than a loan with points paid. Also sometimes refers to a refinance loan where closing costs are included in the loan.
Industry:Real estate
An opinion of a property's fair market value, based on an appraiser's knowledge, experience, and analysis of the property.
Industry:Real estate
Someone who practises appraisal. Appraisers' work involves appraising, review (the process of critically studying a report prepared by another), or consulting (the process of providing information, analysis of real estate data, and recommendations on diversified problems in real estate, other than estimating value).
Industry:Real estate
An increase in the value of a property due to changes in market conditions or other causes. The opposite of depreciation.
Industry:Real estate
A written document that gives constructive notice of a trustor's failure to perform his obligation under a deed of trust. This document does not require the acknowledgment of a notary public and must be recorded.
Industry:Real estate
Any transaction in which the two parties are unconnected and have no overt common interests. Such a transaction most often reflects the true market value of a property.
Industry:Real estate
The value placed on real estate property by a municipality for purposes of levying taxes. It may differ widely from appraised or market value.
Industry:Real estate
A local tax levied against a property for a specific purpose, such as a sewer or street lights.
Industry:Real estate
