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

M

Majority	The age at which an individual is legally entitled to handle his or her own affairs
Margin	The amount added to the index on an adjustable-rate mortgage (ARM) that establishes the adjusted interest rate at a given time
Market value, or Fair market value	The most likely price that a piece of property or home can realistically be sold for, and is dependent on the selling price of similar real estate in the area
Marketable title	A clear, unencumbered title, reasonably acceptable without the threat of the risk of litigation
Maturity	The date on which the principal balance of a loan, bond, or other financial commitment is due and payable
Mechanic's lien	A lien created by statute to allow unpaid contractors, laborers or suppliers who have performed work on or furnished materials for the construction of a building to recover the value of their work
Metes and Bounds	Means for describing property by a set of directions and distances, when there isn't identification based on a surveyed lot number
Minor	An individual below the age at which he or she is legally entitled to handle his or her own affairs
Monument of Survey	le indications made on natural or man-made objects that indicate the boundaries of a survey
Mortgage	A legal document that pledges a property to the lender as security for the payment of a loan or debt
Mortgage broker	An individual or company that acts as an agent between borrowers and lenders for the purpose of arranging and negotiating mortgage contracts; who is paid a fee for such service
Mortgage insurance	A contract that guarantees the lender against loss caused by a mortgagor's default on a government or conventional mortgage; such insurance can be issued by a private company or by a government agency, and covers either only a percentage, or the total, of the mortgage loan
Mortgagee	The lender in a mortgage transaction
Mortgagor	The borrower in a mortgage transaction
Multiple-listing service (MLS)	An organization of brokers who share their listing agreements with one another in order to find buyers for their properties more effectively than they could individually

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

	About You
* Your Name:
* Your Email Address:
Your Street Address:
City:
State/Province:
Country:
Zip/Postal Code:
Phone:
	Additional Info
Ask Your Question Here!
Send Latest Listings:
Send Latest News:

*Please note that fields marked with an asterisk are required.

Quick Response Guarantee > Your Privacy Is Guaranteed > Free & Without Obligation >

Q  Where would you go if you wished to stay in the world's most expensive hotel room? A  The Imperial Suite at the President Wilson Hotel in Geneva, Switzerland, which can be reserved for $33,000 per night. See More Real Estate Trivia >

Sherlyn Waghalter RE/MAX on the Coast 836 Gulf Breeze Parkway Gulf Breeze, FL 32561 Office: 850-932-6278 Cell: 850-449-4242 Email: swaghalter@remax.net Sherlyn Waghalter is the Broker/Owner of RE/MAX on the Coast. She is one of the leading Realtors in Northwest Florida and considered to be one of the foremost experts on the area. Sherlyn has received numerous accolades, including being selected as the Emerging Business Leader in Pensacola, FL, in 2005 and joining the RE/MAX Hall of Fame in 2006. Sherlyn understands the process of relocating: She moved from Baton Rouge, LA, with her spouse and three children in 1995 and quickly learned about what the region has to offer with its schools, hospitals, and events. She is actively involved in the community, participating in the Junior League of Pensacola (sustainer), IMPACT 100, Greater Pensacola Ladies Tennis League, the Women’s Council of Realtors and as a local school volunteer. Sherlyn is ranked No. 16 out of 7,000 RE/MAX agents in Florida and is the No. 1 RE/MAX agent in Northwest Florida. Her success can be attributed to knowing her community and treating each of her clients as she would like to be treated. Let Sherlyn put her experience and knowledge of the area to work for you. Call or e-mail her today for information on your next real estate transaction. www.DiscoverNorthwestFlorida.com is brought to you by Sherlyn Waghalter NUMBER1EXPERT™ in real estate for Pensacola, Gulf Breeze and Pensacola Beach, Florida, waterfront properties, condos Read Sherlyn Waghalter's Privacy Guarantee, Terms of Service, and Free & Without Obligation Pledge

NUMBER1EXPERT®
© Homes Media Solutions™, a division of Dominion Enterprises and/or its clients.
All rights reserved. All information deemed reliable but not guaranteed.