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George
T. Fesperman, ABR, GRI
George Fesperman & Co., Real Estate, Inc. |
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Your #1 Choice in Ware,
Pierce, & Surrounding Counties
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Real
Estate Terms... |
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ABR-Accredited Buyers Representative -
Allows the recipient to represent you as a buyer in a sales
transaction.
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Acceptance
Date - Time given on the purchase and sale agreement in which
the offer should be returned by.
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The
Closing - The time appointed by the lender and attorney to
get all the paper work signed, with the
appraisal, and termite letter. When the sale is
completed.
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Comparative
Market Analysis - A market survey which takes into account
sales of like properties, size, location, construction, and
days on the market to assimilate value.
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Data
Sheet - Information sheet we use in our office about your
property; includes square footage, construction, number of
bedrooms, bath, size of lot, usually a photograph as well.
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Disclosure
- Information about the listed property the seller completes
to have on file in case a buyer has questions about the
property-systems, roof, A/C, etc., and must be signed prior to
closing.
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Earnest
Money - A binder or down payment given at the time the
purchase and sale agreement is made. It is held by the
selling broker as evidence of good faith.
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GRI-Graduate
Realtors Institute - One of the most prestigious
nationally recognized designations in the real estate
industry. It is an indication that the Realtor is
pursuing a higher level of real estate education.
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Home
Inspection Report - A qualified inspector's report on a
property's overall condition. The report involves an
evaluation of both the structure and mechanical systems.
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Home
Warranty Plan - Protection against failure of mechanical
systems within the property. Usually includes plumbing,
electrical, heating systems, and installed appliances.
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Lead
Paint - Buyers and sellers whose homes were built prior to
1978 have to be given the pamphlet "Protect Your Family
From Lead in Your Home."
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Listing
Your Home - To sell your home using a Realtor.
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426
Memorial Drive, Waycross, Georgia (912) 283-1181 FAX:
(912) 283-1131 |
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