Monthly Archives: March 2010

Word of the week

Appurtenant: Something belonging to, adjunct, appended or annexed to property such as the common elements of a condominium unit which pass with the land when transferred. Example: When you buy a condo, you may be part owner of the clubhouse … Continue reading

Posted in Home Buyer Information, Home Seller Information | Tagged , , , , | Leave a comment

House Tips For The Season

Posted in Home Buyer Information, Home Seller Information | Tagged , , , | Leave a comment

Happy St. Patrick’s Day

Wishing you all the best this holiday!

Posted in Home Buyer Information, Home Seller Information, house search, Virtual Tours | Tagged , , | Leave a comment

Word of the week

Earnest money deposit: A deposit made by the potential home buyer to show that he or she is serious about buying the house. Example: You sign a contract to purchase a home and you provide an amount of money to … Continue reading

Posted in Home Buyer Information, Home Seller Information | Tagged , , , | Leave a comment

Word of the week

Due-on-sale provision: A provision in a mortgage that allows the lender to demand repayment in full if the borrower sells the property that serves as security for the mortgage.  Example: You sell your house and on the day of closing, … Continue reading

Posted in Home Buyer Information, Home Seller Information | Tagged , , | Leave a comment

Word of the week

Encroachment: An improvement that intrudes illegally on another’s property. Example: Your neighbor builds a shed on his property, but you find out the shed crosses over the property line onto your property. When you purchase Real Estate, you should always … Continue reading

Posted in Home Buyer Information, Home Seller Information | Tagged , , , , | Leave a comment