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Majority |
The age at which an individual is legally
entitled to handle his or her own affairs |
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Margin |
The amount added to the index on an
adjustable-rate mortgage (ARM) that establishes the adjusted interest rate at a
given time |
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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 |
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Marketable title |
A clear, unencumbered title, reasonably
acceptable without the threat of the risk of litigation |
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Maturity |
The date on which the principal balance of a
loan, bond, or other financial commitment is due and payable |
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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 |
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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 |
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Minor |
An individual below the age at which he or she
is legally entitled to handle his or her own affairs |
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Monument of Survey |
le indications made on natural or man-made
objects that indicate the boundaries of a survey |
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Mortgage |
A legal document that pledges a property to the
lender as security for the payment of a loan or debt |
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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 |
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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 |
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Mortgagee |
The lender in a mortgage
transaction |
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Mortgagor |
The borrower in a mortgage
transaction |
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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 |
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Did I Miss the Word YOU Are Looking For? Is there a real estate word that I failed to explain here in my dictionary for homebuyers and sellers? Let me be your personal real estate dictionary! I'll send a brief explanation of any word or term that you encounter when buying and selling property. Do you have a suggestion of a real estate word that should be included? Let me know! I always appreciate feedback. Do any of these definitions raise questions for you? Didn't find the word you're looking for? Let me know! I'm happy to answer ANY questions. It's my job! There's no obligation, and I promise to get back to you quickly...
| Q |
What trendy and highly unusual hotel must be totally rebuilt every year?
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| A |
Sweden's popular Ice Hotel, which has 60 double rooms, 25 suites and an interior temperature of 20 degrees, starts melting to the ground in May and is rebuilt every winter. |
See More Real Estate Trivia > |
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Derya Martin Meybohm Realtors 6004 Evans Town Center Boulevard Evans GA 30809 706-664-7774 Fax: 877-664-7774 deryamartin@gmail.com: deryamartin@NUMBER1EXPERT.com
Born and raised in Germany, I moved to the United States in 2004 and I have spent the past 6 years dedicated to the realms of real estate, specializing in regular and military relocation. My husband currently works for the army as a firefighter, but was previously enlisted, resulting in my experience in relocation.
I feel that I have been directly led to this chapter of real estate due to my experiences and skill set. Being involved in relocations personally has given me a thorough understanding of the process as well as allowed me to really connect with the emotions and concerns clients may be experiencing. I've been there.
I can easily step into a clients' shoes to really relate with their needs having been the client so many times in the past. Moving is hard, especially when you have a family to uproot. Working with a relocation specialist that has a vast knowledge with the areas they cover is very important. That's why I make sure to be prepared for any questions my clients may have.
I am trilingual in English, German and Turkish, allowing me to work with a wider range of clients and I love it. Being able to experience different cultures and values held by clients is a definite perk for me. Knowing that I am able to have a positive impact on someone's moving experience actually means a lot to me, because I've been there. I've experience those ups and downs, those potential worries that sometimes appear.
Moving can be stressful, because aside from the packing and organizing, you're leaving what's familiar to you. As a relocation specialist, I will come to the table with full confidence and knowledge to enable me to provide assistance. I strive to be the best that I can be and to leave my clients happy and comfortable.
Let me show you what a relocation done right is like. Moving can be overwhelming to begin with; I want to make the difference. 

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