- 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.
The ratio of a mortgage loan principal to the property's appraised value or its sales price, whichever is lower. Loan-to-value ratios vary depending upon the individual lender's policy.
Industry:Real estate
A commitment made by a lender to make a mortgage loan at a specified rate, pending loan approval, on or prior to a specified date.
Industry:Real estate
The highest price, estimated in terms of money, which real estate property will bring if exposed for sale in the open market.
Industry:Real estate
A lien created by statute on a specific property for labor or materials contributed to an improvement on that property.
Industry:Real estate
A listing taken by a member of an organization of brokers, whereby all members have an opportunity to find a buyer.
Industry:Real estate
The largest trade association in the country serving over 700,000 Realtors. The purpose of the association is to enhance the ability and opportunity of its members to conduct business successfully and ethically and to promote the preservation of the right to own, transfer and use real property.
Industry:Real estate
A statement in a mortgage contract forbidding the assumption of the mortgage without the prior approval of the lender.
Industry:Real estate
One who is authorized by federal or local government to attest authentic signatures and administer oaths.
Industry:Real estate
A bargain. A promise by one party to act or perform in a specified manner provided the other party will act or perform in the manner requested.
Industry:Real estate
A contract whereby a property owner sells a right to purchase his or her property to a prospective buyer.
Industry:Real estate
