by Myers Jackson | Dec 31, 2024 | Auction News
Arbitration A process where disputes are settled by referring them to a fair and neu-tral third party (arbitrator). The disputing parties agree in advance to agree withthe decision of the arbitrator. There is a hearing where both parties have an opportunity to be...
by Myers Jackson | Dec 31, 2024 | Auction News
Open House When the seller’s real estate agent opens the seller’s house to the public. You don’t need a real estate agent to attend an open house. Real estate words and definition CLICK THIS BUTTON For other words and definitions related to real estate auctions...
by Myers Jackson | Dec 31, 2024 | Auction News
Offer A formal bid from the home buyer to the home seller to purchase a home. Real estate words and definition CLICK THIS BUTTON For other words and definitions related to real estate auctions CLICK THIS BUTTON For all active auctions, and properties for sale...
by Myers Jackson | Dec 31, 2024 | Auction News
Note rate The interest rate stated on a mortgage note, or other loan agreement. Real estate words and definition CLICK THIS BUTTON For other words and definitions related to real estate auctions CLICK THIS BUTTON For all active auctions, and properties for sale...
by Myers Jackson | Dec 31, 2024 | Auction News
Note A written promise to pay a specified amount under the agreed upon conditions. Real estate words and definition CLICK THIS BUTTON For other words and definitions related to real estate auctions CLICK THIS BUTTON For all active auctions, and properties for...
