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Real Estate Dictionary: Southwest Houston, Inner Loop Houston, and Northwest Houston Texas home buying, real estate listings, and homes for sale in Harris County, TX

Welcome > Resources > Real Estate Dictionary - A

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

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Judy Stephens, REALTORŽ, real estate agent for Southwest Houston, Inner Loop Houston, and Northwest Houston Texas home listings, property and land for sale - NUMBER1EXPERT(tm)

Judy Stephens
ERA Stephens Properties, George Stephens, Broker
1726 Augusta Drive, Ste. 133
Houston, TX 77057
713-978-6673 Ext. 23
713-978-6673 Ext. 17
Fax: 713-978-6684
JudyStephens@NUMBER1EXPERT.com
008502.lead@cendant.leadrouter.com
Judy's team has enjoyed guiding nice folks like you through the sale and purchase of real estate in the Houston area for a combined total of more than 50 years. That's a lot of happy families! Judy and her professional Buyer Agents and Client Care Specialists, honed by experience and seasoned with enthusiasm, specialize in caring about what you need and want. Judy's award-winning team embraces the newest technology, knowing the benefits to you of lightning-quick communication and massive exposure of homes to a techno-savvy marketplace. Let us put our talent and experience to work for you. Call or email now!.... ERA Stephens Properties George C. Stephens, CRB, Broker #0238436. ..... Each office independently owned and operated.

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