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 L
|
Land contract |
See Contract for deed |
|
Late charge |
The penalty a borrower pays when a payment is
made after the due date |
|
Lease |
A written agreement between the property owner
and a tenant that stipulates rent to be paid, as well as the terms under which
the tenant may reside in the real estate for a designated period of
time |
|
Leasehold estate |
The tenant's right to title to a property for a
specific period of time whereby the tenant does not actually own the property
but has a long-term lease on it |
|
Lease option |
A lease that gives the tenant the right to
purchase the property, either during the lease term or at its
end |
|
Lender's Title Insurance |
An insurance policy covering a lender for the
loan amount, whereby the coverage declines in amount as the loan is paid off,
to the point where there coverage ends when the loan is paid
completely |
|
Lessee |
The individual or party who takes property upon
a lease |
|
Lessor |
The individual or party who grants property upon
a lease |
|
Liabilities |
An individual's financial
obligations |
|
Lien |
A legal claim or charge allowed to a creditor
against a debtor's property that must be paid when the property is sold to
transfer title |
|
Life estate |
The right to use, occupy and own, for the
duration of the life of the individual |
|
Lifetime payment cap, or Lifetime rate
cap |
The limit on the amount that payments can
increase or decrease over the term of an adjustable-rate mortgage
(ARM) |
|
Liquid asset |
Cash, or an asset that can be readily converted
into cash |
|
Liquidated damages |
The compensation predetermined by both parties
to a contract to be paid to the injured party, should the other party breach
the contract |
|
Lis pendens |
A legal document filed in either a federal or
state court indicating that a suit is pending against property located in the
county where the notice is recorded |
|
Listing agreement |
A contract by which a broker is employed by the
seller to find a buyer for the seller's real estate, according to the seller's
terms, and for which service, the broker is paid a commission |
|
Listing broker |
A broker whose office initiates the property
listing (as opposed to the cooperating broker, whose office negotiates the
sale); the listing broker and the cooperating broker may be the same
person |
|
Loan origination |
The process by which a lender sets up a mortgage
loan secured by real property |
|
Loan origination fee |
The fee charged by the lender to the borrower
for setting up a mortgage loan, usually computed as a percentage of the total
mortgage amount |
|
Loan-to-value (LTV)
percentage |
The proportion of the amount of the mortgage
loan against the appraised value or sales price of the piece of property being
pledged as collateral; e.g., a home with appraised value of $100,000 but with a
$90,000 mortgage has a LTC of 90 percent |
|
Lock-in |
A guaranteed interest rate established at the
time of closing which is honored if the mortgage closes within a certain period
of time, also usually establishing the number of points to be paid at closing
as well |
|
Lock-in period |
The time period during which the set interest
rate is guaranteed to the borrower |
|
Loss Payable Clause |
A provision in an insurance policy that provides
payment for any loss to two or more parties, as their interest so justifies,
the two parties typically being the owner and the lender |
|
Lot |
A parcel of land with fixed boundaries as
determined by a survey |
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
| Q |
Why is the Terra Amata site in Nice, France famous?
|
| A |
Remains of 21 huts found in 1965 are thought to be the oldest known habitation from the Acheulian culture 400,000 years ago.
|
See More Real Estate Trivia > |
|

 |
|
Valerie Bertsch Prudential Fox and Roach Realtors 352 Stokes Road, Suite 1 Medford, NJ 08055 (609) 654-1888 ext. 123 Fax: (609) 953-1714 valeriebertsch@NUMBER1EXPERT.com
Selling or buying a home is one of the biggest decisions of your life. And it is not an easy one. Selling or buying a home can be a complicated and involved process. That is why the right real estate agent can make all the difference. You need an agent who will be there for you. An agent who knows real estate inside and out. An agent who will get the results you're looking for.
Introducing Valerie Bertsch. The right agent.
Valerie Bertsch is the #1 agent at the Medford Home Marketing Center. She has had over 500 real estate transactions in all price ranges. But most importantly, Valerie is committed to her clients. She represents them until she gets the results they want. And with Valerie, that tends to happen sooner than later. She works hard for her clients, always keeping their best interests at heart. As an experienced negotiator, Valerie knows how to get the results her clients want. Valerie Bertsch is the right agent. And the right agent makes all the difference.
Valerie is a native of South Jersey who knows the Medford area and its neighborhoods as well as anyone. After being in the real estate industry for over a decade, she has been awarded the New Jersey Association of Realtors Gold Award for 2001, 2003 & 2004, the New Jersey Association of Realtors Distinguished Sales Club Award, and Top Producer of the Medford Home Marketing Office for 2003, 2004 & 2005.
As her resume highlights, Valerie has won many awards for her distinctive work with home buyers and sellers like you. Valerie is also a Certified Residential Specialist (CRS) earned by only 5% of the nation’s Realtors, a Graduate Real Estate Institute (GRI), a Fine Homes Specialist, E-Certified, a Certified Corporate and Relocation Specialist, and an active member of the National Association of REALTORS®. But ultimately, as a real estate professional, Valerie wouldn't have all these great titles and awards if it wasn't for one thing. Results. Valerie knows how to get them. And as your agent, she will get them for you. In addition to helping people move around town, Valerie is also an expert in helping people move to town. As an experienced relocation expert and a familiar name in the industry, Valerie puts into effect her comprehensive knowledge of the South Jersey area, its neighborhoods and its people. She knows the market, she knows value and she knows homes.
In addition to Valerie's individual success, she is backed by the Tri-State area’s premier broker, Prudential Fox & Roach Realtors--an industry leader, woven into the fabric of our communities since 1886. Valerie also has a team of real estate professionals working with her to make sure her clients' needs are always being met--and usually exceeded. Valerie and her team are totally committed to helping buyers and sellers. Seven days a week - even 24 hours a day, if necessary. Whatever it takes to bring a buyer and seller together.   


www.ValBSellsHomes.com is brought to you by
Valerie Bertsch NUMBER1EXPERT in real estate for
Medford, Marlton and Medford Lakes, New Jersey Read Valeris Bertsch's
Privacy Guarantee,
Terms of Service,
and
Free & Without Obligation Pledge
|
 |
NUMBER1EXPERT
© Best Image Marketing and/or its clients.
All rights reserved. All information deemed reliable but not guaranteed.
|