![]() If the property ends up appraising for less than the agreed upon amount, the contract can be terminated.Īppraisal gap coverage: The difference between the contract price which covers an agreed-upon difference between the purchase price and appraised value. This value is based on how much comparable homes recently sold for in the neighborhood.Īppraisal contingency: Very important protection for the buyer! This is how you make sure that the property is actually valued at the price that was agreed-upon per the contract. The key difference between a condo and an apartment is that condos are owned and apartments are rented.Īppraisal: What an appraiser says a home is worth. You pay less toward your interest with each payment, which is different from just a simple interest loan.Īpartment: Any residential unit inside a building (which can be a house, townhouse, large apartment building or condominium). A portion of each payment goes toward your interest costs and some goes toward your loan balance. Some examples include a fitness center, swimming pool, sauna, dog washing station, etc.Īmortization: Spreading out your loan into a series of separate fixed payments. The availability of homes for sale has a big impact on supply and demand dynamics and home prices.Īdjustable-rate mortgage (ARM): A mortgage loan with an interest rate that can change based on market fluctuations throughout the loan’s lifetime.Īmenity: The bonus features/perks that you as a resident get to enjoy and that your neighbors are envious of. the livable or finished square footage.Īctive listings: The number of properties available for sale at the end of a reported period. Email if you need assistance.Ībove grade finished: The portion of a home that is above the ground, i.e. This format includes room on the cover for you to add your name and logo. Update Your Industry Partner Contact Information.There is a bus stop a block up the road.Įxpressions of interest are welcome. Translated: The shops, a café and a park are within walking distance. Translated: You get one car spot underneath, but if you have another car, you will need to find a park on the street.Ī whimsical stroll along the Parisian end of the street conveys the family to boutique amenities, including fine dining venues, recreational arenas, everyday lifestyle needs and comprehensive public transport services. The complex caters for both security appreciating motorists and off the beaten track enthusiasts, with a choice of undercover and alfresco car spaces. Translated: The bathroom is inside the property and doubles as a laundry because there wasn’t enough room for both. The gleaming updated bathroom is well placed and features an integrated laundry. Translated: There are three bedrooms, with wardrobes and windows. The three double-bedrooms feature built-in robes and romantic bay windows, with outward facing sills to enhance drainage and anti-defenestration security. Translated: The kitchen has stone bench tops and includes a popular brand of fridge and dishwasher. The gourmet kitchen is an elegant workspace boasting stone bench tops and sleek, contemporary Miele appliances, including integrated chilled humidor unit and crockery hygiene maintenance. There is a balcony with some plants outside. Translated: The living room has enough space for a dining table. Glass bi-folds hark to the gentle beckon of a generous, paved, Romanesque court garden. Translated: The wall facing the best views has large windows.Ī breezy open plan lounge and dining area features a pitched ceiling with skylights to maximise natural light. Inspired by its natural surrounds and glorious views, sophisticated interiors incorporate masses of floor to ceiling glass fully utilising the perfect north aspect. Translated: This property is on the fifth floor, has views of skyscrapers, was built recently and you can probably squeeze a family in there. Embracing a stylish designer vibe, that takes full advantage of spectacular CBD skyline panoramas this spacious fifth-floor apartment promotes old-world family living in a modern urban retreat. ’s property team has selected its pick of double talk in real estate ads this week.Įxecutive family entertainer with views. Long, overly descriptive paragraphs fill ads, while obscure words can send you scrambling for the thesaurus just to find out what style a house is.īy the time you get your head around which architect designed the built-in wardrobes and which century inspired the window sills, the house has been sold, settled and rented out. AN easy way to get a headache is to look through real estate listings.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |