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

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NATIONAL ASSOCIATION OF REALTORS® (NAR)	A real estate trade organization that sets the standards for integrity and honesty within the real estate profession nationwide
Negative amortization	A gradual increase in the balance of a loan or mortgage which occurs because the monthly payments made are too small to cover the entire principal and interest charges; this shortfall amount is added to the remaining balance, resulting in negative amortization
Net listing	The advertisement of the price of property for sale in terms of the net price the seller will receive, once the property is sold, a type of listing which is illegal in many states
Net worth	The total value of all of an individual's assets, minus all liabilities or debts
No cash-out refinance	A transaction for refinancing a mortgage in which the new mortgage amount is limited to the sum total of the remaining balance of the first mortgage, points, closing costs, whatever is required to satisfy any liens that are more than one year old and other funds for the borrower's use (as long as the amount is one percent or less of the principal amount of the new mortgage)
Notary	An individual authorized by law to certify documents and signatures
Note	A legal document that obligates a borrower to repay a loan or owed sum of money at a stated interest rate over a designated period of time

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

Real Estate Tips Financing Your Home >Shopping for the Best The most important thing to look for when you are shopping for a mortgage is the interest rate, right? Not necessarily. There are many other factors to consider, including the lender's charges for making the loan, the terms under which the loan will be approved, and the lender's reputation for timely completion of loan applications to meet purchase agreement deadlines. When real estate agents are involved in sales transactions, they don't tell buyers which mortgage companies to use. They can provide the names of established lenders who have provided good service to their customers. They can give general information about the different mortgage options that are available today. Using a low interest rate as the main criteria for choosing a mortgage could cost you money--and perhaps the home you want--if the company cannot deliver on its promises. See All Tips In The "Financing Your Home" Category > See Complete Library Of Hundreds Of Tips In 30+ Categories > Real Estate Trivia Q  Which estate has two pools--one on the east side for the morning sun and one on the west for afternoon enjoyment? A  The former estate of John Lennon in Palm Beach has two pools plus guest quarters. See More Real Estate Trivia >

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Debbie Cobian and Laura Rodriguez Keefe Real Estate, Inc 751 Geneva Parkway Lake Geneva WI, 53147 Office: 262-248-4492 262-248-9539 Laura's Cell: 262-325-7311 Debbie's Cell: 262-949-9818 Email: LauraandDebbie@NUMBER1EXPERT.com Email: YourLakeGenevaTeam@yahoo.com Laura Rodriguez and Debbie Cobian are Top Producing Brokers in the Lake Geneva area. Buyers and Sellers rate their service the best! With the team concept, you get two licensed professionals to help with all your real estate needs. Add Keefe Real Estate Inc, #1 in Sales in Walworth County and a family company since 1943, for a perfect partnership. For the experience and progressive service you deserve, contact Laura or Debbie today! www.YourLakeGenevaTeam.com is brought to you by Debbie Cobian and Laura Rodriguez, real estate for Lake Geneva, Walworth County and Southeast Wisconsin, Wisconsin Read Debbie Cobian and Laura Rodriguez's Privacy Guarantee, Terms of Service, and Free & Without Obligation Pledge

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