GLOSSARY

 

B

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• Bankruptcy

• Bedroom Community

• Broker

• Broker Price Opinion (BPO)

• Building Appraisal

• Building Authorization

• Building Inspection

• Building Permit

• Bump Clause Strategy

• Bump Logic

• Buydown

• Buyer’s Agent

• Cape Cod Colonial

• CC&Rs

• Chattel Mortgage

• Closing

• Closing Costs

• Collateral

• Community Property

• Comparables

• Comparative Market Analysis (CMA)

• Commercial BPOs

• Concessions

• Condominium

• Conforming

• Conventional Loan

• Cooperative (Co-op)

• Cost Approach

 

 

 

 

 

 

 

• Land Use Planning

• Landlocked

• Landlord

• Latent Defect

• Lease

• Legal Description

• Liability

• Lien

• Life Estate

• Liquidated Damages

• Living Trust

• Loan

• Loan-to-Value Ratio

• Loss Mitigatio

 

 

 

 

 

 

 

• VA Loan

• Vacancy Rate

• Vacant Land

• Vacation Home

• Valuation

• Variance

• Veneer

• VeroValue
• ValuePoint® 4

 

 

 

• XIRR
• Ex-Dividend?
• X-Efficiency

 

Y