Ever Wonder what those Real Estate Terms mean?
By Lisa Tollis, SRES
(Royal LePage State Realty, Brokerage.)
Have you ever wondered what those real estate terms mean? Such as:Amortization periodAssumabilityConditional offer Mortgage insuranceMortgage life insuranceOpen mortgagePre-approved mortgage certificatePrepaid property tax and utility adjustmentsTotal debt service ratioVendor take-back mortgage , Etc, Etc.Click on the Glossary Of Terms link and get the complete list terms from A-Z. Lisa Tollis, Sales RepresentativeRoyal LePage Sate Realty, Brokerage.Hamilton, Ontario.905 574-4600www.LisaTollis.ca courtesy: Royal LePage Canada
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