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S

Sales comparison approach	The method of evaluating a property's value by comparing it to actual sales prices and values of comparable properties
Sale-leaseback	A transaction in which a seller deeds property to a buyer for a consideration, and the buyer simultaneously leases the property back to the seller
SBA	Abbreviation for the Small Business Administration
Second mortgage, or junior mortgage	A mortgage whose claim to repayment is of lesser priority than another, previously recorded mortgage, usually or shorter term and often at higher interest
Secondary market	Agents or agencies that buy mortgages from primary lenders, usually at discounted prices, to sell to investors
Section, or Section of land	A parcel of land measuring one square mile or 640 acres
Set Back Lines	The distance designated by zoning regulations that is required between the perimeter of a property and where structures can be positioned
Secured loan	A loan guaranteed by collateral
Security	The property pledged as collateral for a loan or mortgage
Seller take-back	A contract whereby the seller of a property provides financing, sometimes as part of an assumable mortgage
Severalty, or Sole ownership	Ownership of real property by only one individual
Special assessment	An additional tax imposed by the government against specific parcels of real estate that will benefit from a public improvement, such as a street
Special warranty deed	An agreement whereby the current owner/seller guarantees he has done nothing that would impair or cloud title, but does not make any guarantee for what occurred prior to his ownership of the property
Specific performance	A legal action that requires a party to honor the terms of a contract
Statute of limitations	The time period allowed for the filing of a legal suit to enforce a claim, after which any such claims are barred
Step-rate mortgage	A loan that allows for the interest rate to increase in increments according to a designated schedule for a specified period of time, at the end of which, the interest rate returns to a constant percentage
Subagent	An individual or party who is employed by someone already acting as an agent
Subdivision	A tract of property that is divided into streets and individual lots
Subject to	Taking ownership of a property with a lien (legal claim or charge) against it, but not assuming responsibility for the said lien, while the holder who forecloses the lien can take the property, but may not collect money from the owner who took "subject to"
Subsidized second mortgage	An alternative financing option for low- and moderate-income households, issued by a state or county housing foundation, agency or nonprofit corporation, whereby the buyer can purchase a first mortgage with a subsidized second mortgage behind it; payment on the second mortgage is often deferred and carries a low or no interest rate, and a portion of the mortgage may be forgiven incrementally for each year the buyer resides in the home
Survey	The process of determining property areas, by measuring its dimensions, lot lines and other physical features Also, the map that results from such measurements taken

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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. www.AugustaGAHome.com is brought to you by Derya Martin, real estate for Evans, Fort Gordon and Augusta, Georgia Read Derya Martin's Privacy Guarantee, Terms of Service, and Free & Without Obligation Pledge

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