All agents are NOT alike! Find out why we are top real estate experts. Call us: 915-549-4663.
Get Free Presentation On Our Home Marketing. Before signing a contract with any REALTORŪ, make sure you know EXACTLY how your home will be marketed. Find Out More > View All Offers >
Extremely Pleased with Barry ! ..a knowledgeable professional and a great person. John and Yolanda Glendon Read Quote > View All Quotes >
Compare three mortgages at one time.
Download TripleCalc now. It's free.
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
Is there a real estate word that we failed to explain here in our dictionary for homebuyers and sellers? Let us be your personal real estate dictionary! We'll send a brief explanation of any word or term that you encounter when buying and selling property.
Do you have a suggestion of a real estate word that should be included? Let us know! We always appreciate feedback.
Do any of these definitions raise questions for you? Didn't find the word you're looking for? Let us know! We're happy to answer ANY questions. It's our job! There's no obligation, and we promise to get back to you quickly...
Barry and Tammy Karch The Real Estate Power Houses 5823 N. Mesa #732 El Paso, TX. 79912 Barry- mobile phone: 915-549-4663 Tammy- mobile phone: 915-203-7963 Toll Free: 1-800-963-1909 Fax: 915-975-8148 Email: barrykarch@NUMBER1EXPERT.com
Barry & Tammy Karch specialize in residential real estate and investment properties in the greater El Paso, Texas area. With over 30 years combined experience, they are amongst El Paso's top Realtors. They provide caring, personal service and their goal is to make your transaction an enjoyable one.
www.HomesForSaleInElPasoTexas.com is brought to you by
Barry and Tammy Karch NUMBER1EXPERTS™ in real estate for
El Paso, Anthony and Canutillo, Texas, Hablo Español, Spanish speaking
TERMS OF USE
By registering on this website I hereby grant Barry & Tammy Karch my express written consent to engage in unsolicited communications with me for a period of up to 18 months from the latest to occur of one of the following events: (1) the last day I accessed this website, (2) the day any listing agreement or buyer's agency agreement between me and Barry & Tammy Karch expires, is cancelled or otherwise terminates, (3) the day I abandon my use of the services of Barry & Tammy Karch to acquire one or more parcels of real property, or (4) the closing occurs of any sale or purchase of property in which I received brokerage services from Barry & Tammy Karch. Such unsolicited communications may take place by phone, mail, or email at the phone number, address, and email address I used for registration, or at any alternative phone numbers or address that I may provide to Barry & Tammy Karch in the future.
- NUMBER1EXPERTS™ 
