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Mimi Korn
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Garden State Abstract Company
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Edward A. Lepore
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Wells Fargo Home Mortgage
Red Bank, NJ
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Real Estate Dictionary
Welcome > Resources > Real Estate Dictionary - A

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

O

Open listing

A contract under which the broker is commissioned to find a buyer before the property is sold by the seller or another competing broker

Option

The agreement to keep an offer to purchase or lease open for a specific period of time

Option listing

An agreement by which the broker advertising the property has the right to purchase the listed property himself

Origination fee

A fee paid to the lender for processing a loan application

Owner financing

A property transaction for which the seller provides all or part of the financing to the buyer

Owner's Title Insurance

A policy insuring the full purchase price of a piece of property for the buyer, usually including adjustments for inflation each year up to a maximum of 150% of the original policy amount, the premium for which is payable at the time of closing

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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Real Estate Trivia
Q 
What famous American monument is also the world's heaviest statue?

A 
The Statue of Liberty, officially named "Liberty Enlightening the World", weighs 54.31 million pounds.
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Rosaleen Light-Newby, REALTOR®, real estate agent and broker for Summit, New Providence, Berkeley Heights, Chatham, Madison and Short Hills, New Jersey home listings, property and land for sale

Rosaleen Light-Newby
Re/Max Achievers

315 Springfield Avenue
Summit, NJ. 07901
Mobile Phone: 908-510-0861
Business: 908-522-9444 ext 103
Residence: 973-665-9280
Fax: 973-695-1666
Email: Rosaleen@NUMBER1EXPERT.com
Email: rosaleenlight@comcast.net

Let Rosaleen be your guide through Summit, Berkeley Heights, New Providence, Chatham, Madison, Short Hills, Basking Ridge, Warren, Watchung & surrounding towns. Rosaleen has been a successful realtor with over 30 years of experience, America's #1 Expert. When asked what is the most important to her in real estate, she stated "the ability to listen", "flexibility", "strive for excellence", "integrity" & "trust". Isn't this what we are all looking for? A person who represents old fashion service with the state of the art technology.

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