Betsy Grauer Realty, Inc.

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 Other

Online real estate listings - Properties listed for sale on the Internet.
Open house - A marketing tool in which a listing agent opens a house for view.
Open listing - A property given to a number of brokers to market at the same time.
Open space - Undeveloped land or common areas in a planned community reserved for parks, walking paths or other natural uses.
Option - A situation in which a buyer puts down money for the right to purchase a piece of real estate within a set time period but does not have an obligation to buy.
Oral agreement - Contractual arrangements that are not in writing and are usually not legally binding.
Original principal balance - The amount of principal owed on a loan before a borrower makes any payments.
Origination fee - A fee charged by most lenders--also called points--for processing a loan. A point is 1 percent of the total loan amount.
Overhang - A protruding structural feature.
Owner financing - A transaction in which the seller of a property agrees to finance all or part of the purchase.

Providing exceptional and personalized service for over a quarter of a century