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Real Estate Dictionary

Welcome > Resources > Real Estate Dictionary - A

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

O

Open listing

A contract under which the broker is commissioned to find a buyer before the property is sold by the seller or another competing broker

Option

The agreement to keep an offer to purchase or lease open for a specific period of time

Option listing

An agreement by which the broker advertising the property has the right to purchase the listed property himself

Origination fee

A fee paid to the lender for processing a loan application

Owner financing

A property transaction for which the seller provides all or part of the financing to the buyer

Owner's Title Insurance

A policy insuring the full purchase price of a piece of property for the buyer, usually including adjustments for inflation each year up to a maximum of 150% of the original policy amount, the premium for which is payable at the time of closing

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



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Linda is one of the premier real estate agents in the Washington, DC area, and her team has been ranked consistently high in the area in residential sales. She and her husband and partner, Rob, have lived in the District for 40 years and know the DC and nearby Virginia and Maryland markets cold. Her love of houses, previous career as an historic preservation consultant, and her 26+ years of dramatic success in real estate sales allows her clients to benefit from her unsurpassed expertise and service. The Linda Low Team produces stellar results. They will maximize the sales price of the house you're selling and/or help you buy your ideal home. Linda's satisfied clients return to her again and again and are her primary source of business. If you're looking for a true DC Metro real estate expert with a great supporting team, you've found her!

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