Chris Hounchell REALTOR

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Award-winning Florida real estate Broker PROUDLY SELLING IN PINELLAS, HILLSBOROUGH, PASCO, MANATEE & SARASOTA COUNTIES since 2004.

glossary-o


Properties listed for sale on the Internet.


A marketing tool in which a listing agent opens a house for view.


A property given to a number of brokers to market at the same time.


Undeveloped land or common areas in a planned community reserved for parks, walking paths or other natural uses.


A situation in which a buyer puts down money for the right to purchase a piece of real estate within a set time period but does not have an obligation to buy.


Contractual arrangements that are not in writing and are usually not legally binding.


The amount of principal owed on a loan before a borrower makes any payments.


A fee charged by most lenders–also called points–for processing a loan. A point is 1 percent of the total loan amount.


A protruding structural feature.


A transaction in which the seller of a property agrees to finance all or part of the purchase.

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Chris Hounchell · RE/MAX Metro · 150 2nd Ave N. Suite 100 St. Petersburg, FL 33701 · Office: (727) 642-9107 · chris@hounchellrealestate.com