9/6/2010 Agent Login

Global Right A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z 25 global right terms found   1 2 3 Maintenance fee The monthly assessment members of a homeowners' association pay for the repair and maintenance of common areas. Managed-competition lots Lots in which buyers choose between one of several builders. Manufactured housing Prefabricated homes that can range from simple trailers to larger dwellings. Margin The lender's "retail markup" on the mortgage. For example, if the index rate for an adjustable-rate mortgage is 5 percent but the lender has a 2.5 percentage-point margin, the rate the borrower will pay is 7.5 percent. Market conditions Factors affecting the sale and purchase of homes at a particular point in time. Market value The price that a piece of property sells for at a particular point in time. Master-planned community A suburban plan that includes homes and commercial, work, educational and community facilities. Maximum financing A loan amount within 5 percent of the highest loan-to-value ratio allowed for a property. Mechanic's lien Subcontractors or suppliers sometimes will file an encumbrance, or mechanic's lien, against a property to seek payment. Median price The price of the house that falls in the middle of the total number of homes for sale in that area. 1 2 3   Title Agents & Attorneys Home Buyers & Sellers Lenders, Builders, Real Estate Agents & Commercial Home | About Us | Services | Locations | Contact Us | Resources | FAQs | Forms | Newsletter | Become an Agent Become an Approved Attorney | Site Map | Helpful Information | Corporate Governance | Employee Login | Privacy Policy