Listing Info
LISTING INFO
Counter-offer
Counter-offer An offer made in response to a previous offer. For example, after the buyer presents their first offer, the seller may make a counter-offer with a slightly higher sale price. Real estate words and definition For other words and definitions related to real estate auctions For...
Cost of Funds Index (COFI)
Cost of Funds Index (COFI) An index that is used to determine interest rate changes for certain adjustable-rate mortgage (ARM) loans. It is based on the weighted monthly average cost of deposits, advances, and other borrowings of members of the Federal Home Loan Bank of San Francisco. Real...
Cooperative (Co-op) Project
Cooperative (Co-op) Project A project in which a corporation holds title to a residential property and sells shares to individual buyers, who then receive a proprietary lease as their title. Real estate words and definition For other words and definitions related to real estate auctions For...
Convertible ARM
Convertible ARM An adjustable-rate mortgage (ARM) that allows the borrower to convert the loan to a fixed-rate mortgage under specified conditions. Real estate words and definition For other words and definitions related to real estate auctions For all active auctions, and properties for...
Conversion Option
Conversion Option A provision of some adjustable-rate mortgage (ARM) loans that allows the borrower to change the ARM to a fixed-rate mortgage at specified times after loan origination. Real estate words and definition For other words and definitions related to real estate auctions For all...
Conventional Mortgage
Conventional Mortgage A mortgage loan that is not insured or guaranteed by the federal government or one of its agencies, such as the Federal Housing Administration (FHA), the U.S. Department of Veterans Affairs (VA), or the Rural Housing Service (RHS). Contrast with “Government Mortgage.”...
Mutual Funds
Mutual Funds A fund that pools the money of its investors to buy a variety of securities. Real estate words and definition For other words and definitions related to real estate auctions For all active auctions, and properties for sale ContactGet InTouchEmail: 411@myersjackson.com Phone:...
Contingency
Contingency A condition that must be met before a contract is legally binding. For example, home purchasers often include a home inspection contingency; the sales contract is not binding unless and until the purchaser has the home inspected. Real estate words and definition For other words...
Construction Loan
Construction Loan A loan for financing the cost of construction or improvements to a property; the lender disburses payments to the builder at periodic intervals during construction. Real estate words and definition For other words and definitions related to real estate auctions For all...
Condominium
Condominium A unit in a multiunit building. The owner of a condominium unit owns the unit itself and has the right, along with other owners, to use the common areas but does not own the common elements such as the exterior walls, floors and ceilings or the structural systems outside of the unit;...
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Delinquency
Delinquency Failure to make a payment when it is due. The condition of a loan when a scheduled payment has not been received by the due date, but generally used to refer to a loan for which payment is 30 or more days past due. Real estate words and definition...
Default
Default Failure to fulfill a legal obligation. A default includes failure to pay on a financial obligation, but also may be a failure to perform some action or service that is non-monetary. For example, when leasing a car, the lessee is usually required to properly...
Deed of Trust
Deed of Trust A legal document in which the borrower transfers the title to a third party (trustee) to hold as security for the lender. When the loan is paid in full, the trustee transfers title back to the borrower. If the borrower defaults on the loan the trustee...
Deed-in-Lieu of Foreclosure
Deed-in-Lieu of Foreclosure The transfer of title from a borrower to the lender to satisfy the mortgage debt and avoid foreclosure. Also called a “voluntary conveyance.” Real estate words and definition For other words and definitions related to real estate...
Deed
Deed The legal document transferring ownership or title to a property. Real estate words and definition For other words and definitions related to real estate auctions For all active auctions, and properties for sale ContactGet InTouchEmail: 411@myersjackson.com...
Debt-to-Income Ratio
Debt-to-Income Ratio The percentage of gross monthly income that goes toward paying for your monthly housing expense, alimony, child support, car payments and other installment debts, and payments on revolving or open-ended accounts, such as credit cards. Real...
Debt
Debt Money owed from one person or institution to another person or institution. Real estate words and definition For other words and definitions related to real estate auctions For all active auctions, and properties for sale ContactGet InTouchEmail:...
Asset
Asset Anything of monetary value that is owned by a person or company. Assets include real property, personal property, stocks, mutual funds, etc. Real estate words and definition For other words and definitions related to real estate auctions For all active...
1000 Maykus Ct., Irving TX 75061
What does auction mean for 1000 Maykus Ct., Irving TX 75061 The auction process to manage real estate sales. Multiple offers with increased transparency. The only losers are those who do not place a bid. SOLD & CLOSED 1000 Maykus Ct., Irving TX 75061 House SOLD...
Guarantee
COMMUNICATION GUARANTEE Because you have the entire Myers Jackson 10X Team working for you, you will speak with a knowledgeable Agent when you call during business hours. The Primary Agent responsible for the sale of your property will either be immediately...
Auctioneer 98% close rate on sold properties
98% close rate by Auctioneer and Real Estate Broker Myers Jackson. In 25 years of doing real estate auctions, it has been determined that a successful close rate can be labeled as one that has actually completed the closing process.To sell Your Property in less than...
5150 Hidalgo Street Unit 804 Houston, TX 77056 Condo for Sale
5150 Hidalgo Street Unit 804 Houston, TX 77056 Condo for Sale
211 Woodlawn Dr., Keene TX 76059
What does auction mean for 211 Woodlawn Dr., Keene TX 76059 The auction process to manage real estate sales. Multiple offers with increased transparency. The only losers are those who do not place a bid. 211 Woodlawn Dr., Keene TX 76059 House for Sale at Auction...
7901 Old Hickory Dr., North Richland Hills TX 76182
What does auction mean for 7901 Old Hickory Dr., North Richland Hills TX 76182 The auction process to manage real estate sales. Multiple offers with increased transparency. The only losers are those who do not place a bid. 7901 Old Hickory Dr., North Richland Hills TX...
1203 Whitecreek Dr., Glenn Heights TX 75154
What does auction mean for 1203 Whitecreek Dr., Glenn Heights TX 75154? 1203 Whitecreek Dr., Glenn Heights TX 75154 House for Sale at Auction Residential Home Auctioneers Real Estate House Auction Texas Real Property Home and Lot Dallas County Desoto ISD .151 Acres+/-...
1409 Indian Lake Trl., Carrollton TX 75007
What does auction mean for 1409 Indian Lake Trl., Carrollton TX 75007 The auction process to manage real estate sales. Multiple offers with increased transparency. The only losers are those who do not place a bid. 1409 Indian Lake Trl., Carrollton TX House for Sale at...
MLS Complaints Real Estate Auction Not Warranted
What Counts as a Real Estate AuctionREAD before you COMPLAIN to MLS.This is a multiple offer situation, or officially known as a real estate auction. I am a licensed real estate auctioneer, and I can officially and legally conduct an auction. If you do not understand...
5 Vickie Ct., Chico TX 76431
5 Vickie Ct., Chico TX 76431 BIDDING CLOSED PROPERTY NOT AVAILABLE 2 Acres +- Jack County Home Sites Investment Special Ready Development Unimproved Land Road Frontage Bridgeport TX 10 Minutes Fort Worth TX 1 Hr Interstate 35 ~ 30 Minutes Utilities Available Near Lake...
CR 3011, New Boston TX 75570
CR 3011, New Boston TX 75570 Land for Sale at Auction 33 Acres +- 👀 SEE MORE PHOTOS INFORMATION INSTRUCTIONS belowCR 3011, New Boston TX 7557 Land for Sale at Auction VIEW the PROPERTY PUBLIC SHOWING: BOOK APPOINTMENT SCHEDULE WITH AUCTIONEER (Proof of Funds &...
Black Friday Land Auction
Black Friday Land Auction VIEW the PROPERTY PUBLIC SHOWING: REGISTER for SHOWING BOOK APPOINTMENT SCHEDULE WITH AUCTIONEER (Proof of Funds & Identity Required) PROPERTY IS OPEN FOR INSPECTION Buyers, Agents, Inspectors, Contractors Invited to Inspect Home &...