Gold Canyon, Mesa and Apache Junction real estate and homes for sale in Arizona, view properties, golf properties - Bill and Debbie Nelson, CRS, ABR and GRI, REALTORS® Bill and Debbie Nelson, CRS, ABR and GRI REALTORS(r) for Gold Canyon, Mesa and Apache Junction, Arizona real estate, view properties, golf properties - NUMBER1EXPERTS™ Bill and Debbie Nelson, CRS, ABR and GRI NUMBER1EXPERTS(tm) for Gold Canyon, Mesa and Apache Junction, Arizona real estate, view properties, golf properties
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Bill and Debbie Nelson, CRS, ABR and GRI, REALTOR®, real estate agents and broker for Gold Canyon, Mesa and Apache Junction Arizona home listings, property and land for sale - NUMBER1EXPERT(tm)








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Real Estate Dictionary: Gold Canyon, Mesa and Apache Junction Arizona home buying, real estate listings, and homes for sale in Pinal County, AZ
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

E

Earnest money

A deposit made of a portion of the purchase price by the buyer to demonstrate his or her serious intent to purchase the property, usually accompanied by an agreement outlining the terms and conditions of the sale

Easement

The permanent or temporary right to use the property of another for a specific purpose -- e.g. for access over the property, putting up utility lines, etc.

Egress

The right to leave or exit over a piece of property

Eminent domain

The right of the government to take over private property for public purposes upon payment of its fair market value

Encroachment

A physical, illegal intrusion onto another's adjoining property; examples are a structure, driveway, fence

Encumbrance

Any claim against the fee simple title to a property, such as a lien, mortgage, or easement

Equal Credit Opportunity Act (ECOA)

A federal law that requires lenders and other creditors to make credit equally available without discrimination based on race, color, religion, national origin, age, sex, marital status, or receipt of income from public assistance programs

Equity

The owner's financial interest in a property, over and above any indebtedness for that property; or the difference between the fair market value of the property, and the amount still owed on its mortgage

Equity Sharing

A form of joint ownership between an owner/occupant and an owner/investor, whereby the owner/investor receives depreciation deductions as his portion of interest in the property, and the owner/occupant receives some of the tax write-offs for interest and taxes, as well as part of his monthly payment being applied against his rent. If the property were sold, the co-owners would also divide the profit

Escheat

Property that reverts to state ownership when an individual dies without a will and without heirs

Escrow

A deed, contract, or something of value deposited with a disinterested third party, to be delivered upon the performance of certain conditions by the parties involved; e.g., an attorney or escrow agent taking custody of funds and documents upon the closing of a sale of real estate

Escrow account

An account established by an escrow agent to hold funds for the agent's principal until the consummation of the transaction

Escrow instructions

A document that outlines the duties of the escrow agent and the obligations of the parties involved in an escrow transaction

Escrow payment; also "impounds" or "reserves" in some states

The portion of a mortgagor's monthly payment that is retained by the escrow agent to cover the costs of taxes, hazard or mortgage insurance, lease payments, and other costs incurred in the course of the transaction

Estate

An individual's possessions and property, relevant particularly at the time of death

Eviction

The legally directed removal of an occupant from real property

Exclusive listing, or Exclusive agency listing, or Exclusive right-to-sell listing

A written contract giving a licensed real estate broker the exclusive right to sell a property for a designated period of time, on terms stated by the owner, for a fee, while also reserving the owner's right to sell the property himself, without paying anyone a commission

Executor

A person named in a will, or in the absence of such designation, appointed by the probate court, to administer an estate and carry out its terms

Extended Mortgage

A mortgage in which the due date of payment is extended, and is usually charged at a higher interest rate than the original mortgage

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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Bill & Debbie's Free Reports Could Save You Thousands on Your Next Transaction

Few decisions you will make rival the importance of a home sale or purchase. To Bill & Debbie, who have such an emotional connection to their Gold Canyon community, a home signifies the center of a family's life, the place where their memories will be made and the place where they can come together. When the time comes for you to make your real estate move, call on these two to be the one you can count on during this critical moment. Their goal is to connect you with the right results in your next sale or purchase.

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Special Reports for Home Buyers
How to Avoid Paying too Much
Simply put, paying too much can jeopardize the integrity of your investment. Here's vital information to help you avoid overpaying for you new home.
A Critical Guide to Home Loans: Your Options and How They Affect Your Future
Choosing the right mortgage will affect your very financial future. Here's information to help you weigh your options and make a sound decision.
 

Special Reports for Home Sellers
29 Essential Tips That Get Homes Sold Fast (and for Top Dollar)
Selling your home can affect your financial future. Here's information that can help you efficiently sell your home and maximize your investment.
Squeezing Every Last Dollar from Your Home Sale
This report includes vital tips and strategies on how to make the most of your investment when you prepare to sell your home. Read this report and maximize your return on investment.
How to Sell Your Home for the Highest Price Possible
Here's advice on how to avoid mistakes that could cost hundreds even thousands of dollars when you sell your home.

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Bill and Debbie Nelson, CRS, ABR and GRI, REALTOR®, real estate agents and broker for Gold Canyon, Mesa and Apache Junction Arizona home listings, property and land for sale - NUMBER1EXPERT(tm)

Bill and Debbie Nelson, CRS, ABR and GRI
Bill & Debbie Nelson and Marsha Dorris

Weichert, Realtors - Lake Realty
6268 S. Kings Ranch Rd., Suite #12
Gold Canyon, AZ 85218
602-300-2777
602-686-6989
480-213-7275
Fax: 480-452-0938
Email: movetogoldcanyon@NUMBER1EXPERT.com

The Bill and Debbie Nelson Team - a Priceless Combination in Gold Canyon, Apache Junction and East Valley real estate. Bill & Debbie Nelson and Marsha Dorris find few things more rewarding than helping people connect with their dreams. Whether you’re looking to buy or sell a permanent residence or a vacation home, your move is sure to be a rewarding experience with these seasoned professionals by your side.

ABRCRSGRIEqual HousingMLSREALTOR


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