REAL ESTATE VOCABULARY REAL ESTATE VOCABULARY

REAL ESTATE adjustable-rate adjustment date

VOCABULARY mortgage (ARM)
LEARNWELL OY
www.thelanguagemenu.com
LEARNWELL OY LEARNWELL OY
www.thelanguagemenu.com www.thelanguagemenu.com

REAL ESTATE VOCABULARY REAL ESTATE VOCABULARY REAL ESTATE VOCABULARY

amortization amortization annual

schedule percentage rate
(APR)
LEARNWELL OY LEARNWELL OY LEARNWELL OY
www.thelanguagemenu.com www.thelanguagemenu.com www.thelanguagemenu.com

REAL ESTATE VOCABULARY REAL ESTATE VOCABULARY REAL ESTATE VOCABULARY

application appraisal appraised value

LEARNWELL OY LEARNWELL OY LEARNWELL OY

www.thelanguagemenu.com www.thelanguagemenu.com www.thelanguagemenu.com

REAL ESTATE VOCABULARY REAL ESTATE VOCABULARY REAL ESTATE VOCABULARY

appraiser appreciation assessed value

LEARNWELL OY LEARNWELL OY LEARNWELL OY

www.thelanguagemenu.com www.thelanguagemenu.com www.thelanguagemenu.com

REAL ESTATE VOCABULARY REAL ESTATE VOCABULARY REAL ESTATE VOCABULARY

assessment assessor asset

LEARNWELL OY LEARNWELL OY LEARNWELL OY

www.thelanguagemenu.com www.thelanguagemenu.com www.thelanguagemenu.com
REAL ESTATE VOCABULARY REAL ESTATE VOCABULARY REAL ESTATE VOCABULARY

assignment assumable assumption

mortgage
LEARNWELL OY LEARNWELL OY LEARNWELL OY
www.thelanguagemenu.com www.thelanguagemenu.com www.thelanguagemenu.com

REAL ESTATE VOCABULARY REAL ESTATE VOCABULARY REAL ESTATE VOCABULARY

balloon balloon payment bankruptcy

mortgage
LEARNWELL OY LEARNWELL OY LEARNWELL OY
www.thelanguagemenu.com www.thelanguagemenu.com www.thelanguagemenu.com

REAL ESTATE VOCABULARY REAL ESTATE VOCABULARY REAL ESTATE VOCABULARY

bill of sale biweekly bond market

mortgage
LEARNWELL OY LEARNWELL OY LEARNWELL OY
www.thelanguagemenu.com www.thelanguagemenu.com www.thelanguagemenu.com

REAL ESTATE VOCABULARY REAL ESTATE VOCABULARY REAL ESTATE VOCABULARY

bridge loan broker buydown

LEARNWELL OY LEARNWELL OY LEARNWELL OY

www.thelanguagemenu.com www.thelanguagemenu.com www.thelanguagemenu.com

REAL ESTATE VOCABULARY REAL ESTATE VOCABULARY REAL ESTATE VOCABULARY

call option cap cash-out

refinance
LEARNWELL OY LEARNWELL OY LEARNWELL OY
www.thelanguagemenu.com www.thelanguagemenu.com www.thelanguagemenu.com
REAL ESTATE VOCABULARY REAL ESTATE VOCABULARY REAL ESTATE VOCABULARY

certificate of chain of title clear title

deposit
LEARNWELL OY LEARNWELL OY LEARNWELL OY
www.thelanguagemenu.com www.thelanguagemenu.com www.thelanguagemenu.com

REAL ESTATE VOCABULARY REAL ESTATE VOCABULARY REAL ESTATE VOCABULARY

closing closing costs co-borrower

LEARNWELL OY LEARNWELL OY LEARNWELL OY

www.thelanguagemenu.com www.thelanguagemenu.com www.thelanguagemenu.com

REAL ESTATE VOCABULARY REAL ESTATE VOCABULARY REAL ESTATE VOCABULARY

collateral collection commission

LEARNWELL OY LEARNWELL OY LEARNWELL OY

www.thelanguagemenu.com www.thelanguagemenu.com www.thelanguagemenu.com

REAL ESTATE VOCABULARY REAL ESTATE VOCABULARY REAL ESTATE VOCABULARY

community comparable sales condominium

property
LEARNWELL OY LEARNWELL OY LEARNWELL OY
www.thelanguagemenu.com www.thelanguagemenu.com www.thelanguagemenu.com

REAL ESTATE VOCABULARY REAL ESTATE VOCABULARY REAL ESTATE VOCABULARY

condominium condominium construction loan

conversion hotel
LEARNWELL OY LEARNWELL OY LEARNWELL OY
www.thelanguagemenu.com www.thelanguagemenu.com www.thelanguagemenu.com
REAL ESTATE VOCABULARY REAL ESTATE VOCABULARY REAL ESTATE VOCABULARY

contingency contract cooperative

(co-op)
LEARNWELL OY LEARNWELL OY LEARNWELL OY
www.thelanguagemenu.com www.thelanguagemenu.com www.thelanguagemenu.com

REAL ESTATE VOCABULARY REAL ESTATE VOCABULARY REAL ESTATE VOCABULARY

credit credit history creditor

LEARNWELL OY LEARNWELL OY LEARNWELL OY

www.thelanguagemenu.com www.thelanguagemenu.com www.thelanguagemenu.com

REAL ESTATE VOCABULARY REAL ESTATE VOCABULARY REAL ESTATE VOCABULARY

credit report credit repository debt

LEARNWELL OY LEARNWELL OY LEARNWELL OY

www.thelanguagemenu.com www.thelanguagemenu.com www.thelanguagemenu.com

REAL ESTATE VOCABULARY REAL ESTATE VOCABULARY REAL ESTATE VOCABULARY

deed deed-in-lieu default

LEARNWELL OY LEARNWELL OY LEARNWELL OY

www.thelanguagemenu.com www.thelanguagemenu.com www.thelanguagemenu.com

REAL ESTATE VOCABULARY REAL ESTATE VOCABULARY REAL ESTATE VOCABULARY

delinquency deposit depreciation

LEARNWELL OY LEARNWELL OY LEARNWELL OY

www.thelanguagemenu.com www.thelanguagemenu.com www.thelanguagemenu.com
REAL ESTATE VOCABULARY REAL ESTATE VOCABULARY REAL ESTATE VOCABULARY

discount points down payment due-on-sale

provision
LEARNWELL OY LEARNWELL OY LEARNWELL OY
www.thelanguagemenu.com www.thelanguagemenu.com www.thelanguagemenu.com

REAL ESTATE VOCABULARY REAL ESTATE VOCABULARY REAL ESTATE VOCABULARY

earnest money easement effective age

deposit
LEARNWELL OY LEARNWELL OY LEARNWELL OY
www.thelanguagemenu.com www.thelanguagemenu.com www.thelanguagemenu.com

REAL ESTATE VOCABULARY REAL ESTATE VOCABULARY REAL ESTATE VOCABULARY

eminent domain encroachment encumbrance

LEARNWELL OY LEARNWELL OY LEARNWELL OY

www.thelanguagemenu.com www.thelanguagemenu.com www.thelanguagemenu.com

REAL ESTATE VOCABULARY REAL ESTATE VOCABULARY REAL ESTATE VOCABULARY

acceleration equity escrow

clause
LEARNWELL OY LEARNWELL OY LEARNWELL OY
www.thelanguagemenu.com www.thelanguagemenu.com www.thelanguagemenu.com

REAL ESTATE VOCABULARY REAL ESTATE VOCABULARY REAL ESTATE VOCABULARY

escrow account escrow analysis escrow

disbursements
LEARNWELL OY LEARNWELL OY LEARNWELL OY
www.thelanguagemenu.com www.thelanguagemenu.com www.thelanguagemenu.com
REAL ESTATE VOCABULARY REAL ESTATE VOCABULARY REAL ESTATE VOCABULARY

estate eviction examination of

title
LEARNWELL OY LEARNWELL OY LEARNWELL OY
www.thelanguagemenu.com www.thelanguagemenu.com www.thelanguagemenu.com

REAL ESTATE VOCABULARY REAL ESTATE VOCABULARY REAL ESTATE VOCABULARY

exclusive listing executor fair market value

LEARNWELL OY LEARNWELL OY LEARNWELL OY

www.thelanguagemenu.com www.thelanguagemenu.com www.thelanguagemenu.com

REAL ESTATE VOCABULARY REAL ESTATE VOCABULARY REAL ESTATE VOCABULARY

fee simple fee simple estate firm

commitment
LEARNWELL OY LEARNWELL OY LEARNWELL OY
www.thelanguagemenu.com www.thelanguagemenu.com www.thelanguagemenu.com

REAL ESTATE VOCABULARY REAL ESTATE VOCABULARY REAL ESTATE VOCABULARY

first mortgage fixed-rate fixture

mortgage
LEARNWELL OY LEARNWELL OY LEARNWELL OY
www.thelanguagemenu.com www.thelanguagemenu.com www.thelanguagemenu.com

REAL ESTATE VOCABULARY REAL ESTATE VOCABULARY REAL ESTATE VOCABULARY

flood insurance foreclosure grantee

LEARNWELL OY LEARNWELL OY LEARNWELL OY

www.thelanguagemenu.com www.thelanguagemenu.com www.thelanguagemenu.com
 REAL ESTATE VOCABULARY REAL ESTATE VOCABULARY REAL ESTATE VOCABULARY

grantor hazard insurance home equity line

of credit
LEARNWELL OY LEARNWELL OY LEARNWELL OY
www.thelanguagemenu.com www.thelanguagemenu.com www.thelanguagemenu.com

REAL ESTATE VOCABULARY REAL ESTATE VOCABULARY REAL ESTATE VOCABULARY

home inspection joint tenancy judgment

LEARNWELL OY LEARNWELL OY LEARNWELL OY

www.thelanguagemenu.com www.thelanguagemenu.com www.thelanguagemenu.com

REAL ESTATE VOCABULARY REAL ESTATE VOCABULARY REAL ESTATE VOCABULARY

judicial jumbo loan late charge

foreclosure
LEARNWELL OY LEARNWELL OY LEARNWELL OY
www.thelanguagemenu.com www.thelanguagemenu.com www.thelanguagemenu.com

REAL ESTATE VOCABULARY REAL ESTATE VOCABULARY REAL ESTATE VOCABULARY

lease leasehold estate lease option

LEARNWELL OY LEARNWELL OY LEARNWELL OY

www.thelanguagemenu.com www.thelanguagemenu.com www.thelanguagemenu.com

REAL ESTATE VOCABULARY REAL ESTATE VOCABULARY REAL ESTATE VOCABULARY

legal description lender liabilities

LEARNWELL OY LEARNWELL OY LEARNWELL OY

www.thelanguagemenu.com www.thelanguagemenu.com www.thelanguagemenu.com
REAL ESTATE VOCABULARY REAL ESTATE VOCABULARY REAL ESTATE VOCABULARY

liability lien life cap

insurance
LEARNWELL OY LEARNWELL OY LEARNWELL OY
www.thelanguagemenu.com www.thelanguagemenu.com www.thelanguagemenu.com

REAL ESTATE VOCABULARY REAL ESTATE VOCABULARY REAL ESTATE VOCABULARY

line of credit liquid asset loan

LEARNWELL OY LEARNWELL OY LEARNWELL OY

www.thelanguagemenu.com www.thelanguagemenu.com www.thelanguagemenu.com

REAL ESTATE VOCABULARY REAL ESTATE VOCABULARY REAL ESTATE VOCABULARY

loan officer loan origination loan servicing

LEARNWELL OY LEARNWELL OY LEARNWELL OY

www.thelanguagemenu.com www.thelanguagemenu.com www.thelanguagemenu.com

REAL ESTATE VOCABULARY REAL ESTATE VOCABULARY REAL ESTATE VOCABULARY

loan-to-value lock-in lock-in period

(LTV)
LEARNWELL OY LEARNWELL OY LEARNWELL OY
www.thelanguagemenu.com www.thelanguagemenu.com www.thelanguagemenu.com

REAL ESTATE VOCABULARY REAL ESTATE VOCABULARY REAL ESTATE VOCABULARY

margin maturity merged credit

report
LEARNWELL OY LEARNWELL OY LEARNWELL OY
www.thelanguagemenu.com www.thelanguagemenu.com www.thelanguagemenu.com
REAL ESTATE VOCABULARY REAL ESTATE VOCABULARY REAL ESTATE VOCABULARY

modification mortgage mortgage banker

LEARNWELL OY LEARNWELL OY LEARNWELL OY

www.thelanguagemenu.com www.thelanguagemenu.com www.thelanguagemenu.com

REAL ESTATE VOCABULARY REAL ESTATE VOCABULARY REAL ESTATE VOCABULARY

mortgage broker mortgagee mortgagor

LEARNWELL OY LEARNWELL OY LEARNWELL OY

www.thelanguagemenu.com www.thelanguagemenu.com www.thelanguagemenu.com

REAL ESTATE VOCABULARY REAL ESTATE VOCABULARY REAL ESTATE VOCABULARY

multidwelling negative no cash-out

units amortization refinance
LEARNWELL OY LEARNWELL OY LEARNWELL OY
www.thelanguagemenu.com www.thelanguagemenu.com www.thelanguagemenu.com

REAL ESTATE VOCABULARY REAL ESTATE VOCABULARY REAL ESTATE VOCABULARY

no-cost loan note note rate

LEARNWELL OY LEARNWELL OY LEARNWELL OY

www.thelanguagemenu.com www.thelanguagemenu.com www.thelanguagemenu.com

REAL ESTATE VOCABULARY REAL ESTATE VOCABULARY REAL ESTATE VOCABULARY

no-cost loan notice of default original

principal balance
LEARNWELL OY LEARNWELL OY LEARNWELL OY
www.thelanguagemenu.com www.thelanguagemenu.com www.thelanguagemenu.com
 REAL ESTATE VOCABULARY REAL ESTATE VOCABULARY REAL ESTATE VOCABULARY

origination fee owner financing partial payment

LEARNWELL OY LEARNWELL OY LEARNWELL OY

www.thelanguagemenu.com www.thelanguagemenu.com www.thelanguagemenu.com

REAL ESTATE VOCABULARY REAL ESTATE VOCABULARY REAL ESTATE VOCABULARY

payment change periodic periodic rate cap

date payment cap
LEARNWELL OY LEARNWELL OY LEARNWELL OY
www.thelanguagemenu.com www.thelanguagemenu.com www.thelanguagemenu.com

REAL ESTATE VOCABULARY REAL ESTATE VOCABULARY REAL ESTATE VOCABULARY

personal PITI planned unit

property development
(PUD)
LEARNWELL OY LEARNWELL OY LEARNWELL OY
www.thelanguagemenu.com www.thelanguagemenu.com www.thelanguagemenu.com

REAL ESTATE VOCABULARY REAL ESTATE VOCABULARY REAL ESTATE VOCABULARY

point power of attorney pre-approval

LEARNWELL OY LEARNWELL OY LEARNWELL OY

www.thelanguagemenu.com www.thelanguagemenu.com www.thelanguagemenu.com

REAL ESTATE VOCABULARY REAL ESTATE VOCABULARY REAL ESTATE VOCABULARY

prepayment prepayment pre-qualification

penalty
LEARNWELL OY LEARNWELL OY LEARNWELL OY
www.thelanguagemenu.com www.thelanguagemenu.com www.thelanguagemenu.com
REAL ESTATE VOCABULARY REAL ESTATE VOCABULARY REAL ESTATE VOCABULARY

prime rate principal principal balance

LEARNWELL OY LEARNWELL OY LEARNWELL OY

www.thelanguagemenu.com www.thelanguagemenu.com www.thelanguagemenu.com

REAL ESTATE VOCABULARY REAL ESTATE VOCABULARY REAL ESTATE VOCABULARY

principal, promissory note public auction

interest, taxes,
and insurance (PITI)
LEARNWELL OY LEARNWELL OY LEARNWELL OY
www.thelanguagemenu.com www.thelanguagemenu.com www.thelanguagemenu.com

REAL ESTATE VOCABULARY REAL ESTATE VOCABULARY REAL ESTATE VOCABULARY

purchase purchase money qualifying ratios

agreement transaction
LEARNWELL OY LEARNWELL OY LEARNWELL OY
www.thelanguagemenu.com www.thelanguagemenu.com www.thelanguagemenu.com

REAL ESTATE VOCABULARY REAL ESTATE VOCABULARY REAL ESTATE VOCABULARY

quitclaim deed rate lock real estate agent

LEARNWELL OY LEARNWELL OY LEARNWELL OY

www.thelanguagemenu.com www.thelanguagemenu.com www.thelanguagemenu.com

REAL ESTATE VOCABULARY REAL ESTATE VOCABULARY REAL ESTATE VOCABULARY

real property realtor recorder

LEARNWELL OY LEARNWELL OY LEARNWELL OY

www.thelanguagemenu.com www.thelanguagemenu.com www.thelanguagemenu.com
 REAL ESTATE VOCABULARY REAL ESTATE VOCABULARY REAL ESTATE VOCABULARY

recording refinance remaining

transaction balance
LEARNWELL OY LEARNWELL OY LEARNWELL OY
www.thelanguagemenu.com www.thelanguagemenu.com www.thelanguagemenu.com

REAL ESTATE VOCABULARY REAL ESTATE VOCABULARY REAL ESTATE VOCABULARY

remaining term rent loss repayment plan

insurance
LEARNWELL OY LEARNWELL OY LEARNWELL OY
www.thelanguagemenu.com www.thelanguagemenu.com www.thelanguagemenu.com

REAL ESTATE VOCABULARY REAL ESTATE VOCABULARY REAL ESTATE VOCABULARY

replacement revolving debt right of first

reserve fund refusal
LEARNWELL OY LEARNWELL OY LEARNWELL OY
www.thelanguagemenu.com www.thelanguagemenu.com www.thelanguagemenu.com

REAL ESTATE VOCABULARY REAL ESTATE VOCABULARY REAL ESTATE VOCABULARY

right of ingress right of sale-leaseback

or egress survivorship
LEARNWELL OY LEARNWELL OY LEARNWELL OY
www.thelanguagemenu.com www.thelanguagemenu.com www.thelanguagemenu.com

REAL ESTATE VOCABULARY REAL ESTATE VOCABULARY REAL ESTATE VOCABULARY

second mortgage secondary secured loan

market
LEARNWELL OY LEARNWELL OY LEARNWELL OY
www.thelanguagemenu.com www.thelanguagemenu.com www.thelanguagemenu.com
REAL ESTATE VOCABULARY REAL ESTATE VOCABULARY REAL ESTATE VOCABULARY

security seller carry-back servicer

LEARNWELL OY LEARNWELL OY LEARNWELL OY

www.thelanguagemenu.com www.thelanguagemenu.com www.thelanguagemenu.com

REAL ESTATE VOCABULARY REAL ESTATE VOCABULARY REAL ESTATE VOCABULARY

servicing subdivision subordinate

financing
LEARNWELL OY LEARNWELL OY LEARNWELL OY
www.thelanguagemenu.com www.thelanguagemenu.com www.thelanguagemenu.com

REAL ESTATE VOCABULARY REAL ESTATE VOCABULARY REAL ESTATE VOCABULARY

survey sweat equity tenancy in

common
LEARNWELL OY LEARNWELL OY LEARNWELL OY
www.thelanguagemenu.com www.thelanguagemenu.com www.thelanguagemenu.com

REAL ESTATE VOCABULARY REAL ESTATE VOCABULARY REAL ESTATE VOCABULARY

third-party title title company

origination
LEARNWELL OY LEARNWELL OY LEARNWELL OY
www.thelanguagemenu.com www.thelanguagemenu.com www.thelanguagemenu.com

REAL ESTATE VOCABULARY REAL ESTATE VOCABULARY REAL ESTATE VOCABULARY

title insurance title search transfer of

ownership
LEARNWELL OY LEARNWELL OY LEARNWELL OY
www.thelanguagemenu.com www.thelanguagemenu.com www.thelanguagemenu.com
REAL ESTATE VOCABULARY REAL ESTATE VOCABULARY REAL ESTATE VOCABULARY

transfer tax two-step two- to four-

mortgage family property
LEARNWELL OY LEARNWELL OY LEARNWELL OY
www.thelanguagemenu.com www.thelanguagemenu.com www.thelanguagemenu.com

REAL ESTATE VOCABULARY REAL ESTATE VOCABULARY

trustee vested

LEARNWELL OY LEARNWELL OY
www.thelanguagemenu.com www.thelanguagemenu.com