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Todays Rates
Rate Points APR
30 yr fixed
6.125 0.000 6.181
5.750 1.375 5.932
5/1 ARM
4.875 0.000 4.249

      [HOMEPAGE]                  Call  Cheryl C Spears   910-323-2005
 


TOPICAL REAL ESTATE DICTIONARY



Top 20 Terms
Agents
Buying
Closing
Contract
Credit
Inspection
Law
Financing
Selling
Taxes/Insurance
Contract

acceptance
The seller's written approval of a buyer's offer.

addendum
An addition or change to a contract.

backup offer
A secondary bid for a property that the seller will accept if the first offer fails.

contingency
A condition specified in a purchase contract, such as a satisfactory home inspection.

contract to purchase
A contract the buyer initiates which details the purchase price and conditions of the transaction and is accepted by the seller. Also known as an agreement of sale.

counteroffer
A response to an offer.

 

 

 

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