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Real Estate Dictionary
Welcome > Resources > Real Estate Dictionary - A

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

O

Open listing

A contract under which the broker is commissioned to find a buyer before the property is sold by the seller or another competing broker

Option

The agreement to keep an offer to purchase or lease open for a specific period of time

Option listing

An agreement by which the broker advertising the property has the right to purchase the listed property himself

Origination fee

A fee paid to the lender for processing a loan application

Owner financing

A property transaction for which the seller provides all or part of the financing to the buyer

Owner's Title Insurance

A policy insuring the full purchase price of a piece of property for the buyer, usually including adjustments for inflation each year up to a maximum of 150% of the original policy amount, the premium for which is payable at the time of closing

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



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Real Estate Trivia
Q 
What kind of home construction is considered to be the safest in seismic areas?

A 
Straw-bale homes in seismic zones have proven resilient enough to withstand the shock of earthquakes.
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The Alexander Slocum Team, REALTOR®, real estate agents and broker for Vancouver, Camas and Felida, Washington home listings, property and land for sale - NUMBER1EXPERT(tm)

Kathryn Alexander & John Slocum
RE/MAX equity group, inc. - Salmon Creek

1319 NE 134th Street, Suite 101
Vancouver, WA 98685
Main (toll free): 1+888-525-5528 x81
Email: AlexanderSlocumTeam@NUMBER1EXPERT.com

Vancouver WA Homes & Real Estate, including Camas Homes, Felida Homes and homes in the rest of Clark County Washington are provided to you by professional Realtors(r) Kathyrn Alexander and John Slocum. Whether you are buying or selling real estate in Vancouver Washington, our Team approach and ClarkCountyExpert.com ensures you'll have a "Problem Solved" experience. We're Your Friendly REMAX Realtors in Vancouver Washington!

We want you to Live Your Dream!

Vancouver WA Homes are located just north of Portland Oregon, in the great State of Washington. Come check us out -- we're one of the Best Kept Secrets in the USA!

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