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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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 Tips

Working With An Agent >Discuss Your Options

When you are working with a real estate agent to find a home, it is very important that you take the time to discuss the full range of your housing and financing options. Your real estate agent wants to understand your criteria and your expectations. Be very clear about the features you want in a home, describing what elements are essential to you and where you are willing to compromise.

When you start looking at homes, you may find that the available homes in your price range require much more of a financial commitment than you were prepared to make. Let your agent know if you are willing to consider alternative mortgage options to increase your buying power. Discuss the possibilities for buying in an area you had not previously considered. Would you consider a house with the same amenities in a different neighborhood, a "handyman special", a smaller yard or fewer bedrooms? An open mind and honest communication are crucial ingredients as you work with your real estate agent to find the best possible home for your needs.

	See All Tips In The "Working With An Agent" Category >
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Real Estate Trivia

Q	In what real estate market are more than 90 percent of home sales cash transactions?
A	Palm Beach, home to princes, politicians, and CEOs, has homes from 2,000 sq.ft. condos to 56,000 sq.ft. estates.
See More Real Estate Trivia >

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Carol Gilles The Real Estate Group 3480 Torrance Bl # 100 Torrance, CA. 90503 CA DRE# 00803846 Cell: 310-864-9738 Fax: 310-534-4436 Email: carol@carolgilles.com Carol Gilles has been in real estate in the South Bay area since 1979. She has been awarded Top Producing Agent seven years, and is a multi-million dollar producer. She guides all her clients through all of their real estate need with exceptional experience and professionalism. Carol Gilles is America's NUMBER1EXPERT™ in real estate for the Torrance area. So contact her today! DRE# 00803846 www.beachcitiesonline.com is brought to you by Carol Gilles, real estate for Torrance, California Read Carol Gilles' Privacy Guarantee, Terms of Service, and Free & Without Obligation Pledge

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