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About Appraisals >The Language of Real Estate Agents
Technical terms can be confusing to people who do not work in a profession, and real estate agents use language that may be confusing to many home buyers and sellers.
If you find your eyes glazing over when your real estate agent starts talking about escrow, clear title, easements, encroachments, contingencies, financing, appraisals and the closing process, don't hesitate to ask for a translation. Buying or selling a home is a major step, and professional real estate agents are totally committed to helping you understand the process thoroughly so that you can make informed decisions.
The simple transaction of trading the sellers' house for the buyers' money has become complicated by several hundred years of custom, common law, and state and local government requirements. Consumer demands have resulted in up-to-date rules that communication be as clear and understandable as possible. Real estate agents work to create an atmosphere in which you feel comfortable to ask questions.
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What is a Balloon Mortgage?
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A balloon is a short-term mortgage which requires the entire balance of the loan to be re-paid at the end of the loan term.
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See More Real Estate Trivia > |
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Barbara Zorn Prudential Star Real Estate 1733 North Atlantic Avenue Cocoa Beach, FL 32931 Cell: 321-537-6262 Fax: 321-868-5566 Barbara@SoldByBarbara.com
For the second year in a Row-Barbara Zorn was #1 out of the 67,000 Prudential Real Estate agents in the United States, Canada and Mexico for total number of units sold both in 2008 and 2009. When Barbara is asked how can she continue to grow in this unique real estate environment she said "I have set up systems and processes behind the scenes to insure that buyers and sellers get all of the resources that I have available to me. I spend a lot of time in training looking for the newest in cutting edge marketing. This website is just one of the many tools I use to give the best to my clients."

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