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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NATIONAL ASSOCIATION OF REALTORS® (NAR)	A real estate trade organization that sets the standards for integrity and honesty within the real estate profession nationwide
Negative amortization	A gradual increase in the balance of a loan or mortgage which occurs because the monthly payments made are too small to cover the entire principal and interest charges; this shortfall amount is added to the remaining balance, resulting in negative amortization
Net listing	The advertisement of the price of property for sale in terms of the net price the seller will receive, once the property is sold, a type of listing which is illegal in many states
Net worth	The total value of all of an individual's assets, minus all liabilities or debts
No cash-out refinance	A transaction for refinancing a mortgage in which the new mortgage amount is limited to the sum total of the remaining balance of the first mortgage, points, closing costs, whatever is required to satisfy any liens that are more than one year old and other funds for the borrower's use (as long as the amount is one percent or less of the principal amount of the new mortgage)
Notary	An individual authorized by law to certify documents and signatures
Note	A legal document that obligates a borrower to repay a loan or owed sum of money at a stated interest rate over a designated period of time

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

Real Estate Tips Selling Your Home >When to Take a Walk Your agent calls to say he is bringing prospective buyers to see your home at 2:00 p.m. You quickly straighten up the house and run the dishwasher. What should you do then? If you have to let them into the house--then take a drive or walk the dog! Many owners think they should linger close by while their home is being shown. They are afraid that the real estate agent might miss the storage shelves in the basement or forget to point out the beautiful new floor in the kitchen. It is better for the agent to miss something than for you to be ushering the buyers around, so resist the temptation to stay while your house is being shown. Buyers usually base their decision to buy on an attraction that often has more to do with emotions than pure logic, and a lot goes on between buyer and agent during a showing. The buyer needs to evaluate the home's pluses and minuses, and the agent needs the opportunity to work with the buyer's objections. This process cannot take place comfortably if the seller is on the scene. See All Tips In The "Selling Your Home" Category > See Complete Library Of Hundreds Of Tips In 30+ Categories > Real Estate Trivia Q  What is the world's longest frontier? A  At 3,987 kilometers (3,987 miles), the border between Canada and the U.S. is the longest in the world. See More Real Estate Trivia >

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Susan Gibson Valley Real Estate Brokers, LLC 28 Imperial Drive Staunton, VA 24401 Susan 's cell: 540-487-1000 Fax: 540-213-8701 Susan's Office: 540-487-1000 Info@BuyValleyHomes.com Licensed To Sell Real Estate In The Commonwealth Of Virginia www.BuyValleyHomes.com is brought to you by Susan Gibson, real estate for Waynesboro, Staunton, Fishersville, Stuarts Draft and Augusta County, Virginia Read Susan Gibson' Privacy Guarantee, Terms of Service, and Free & Without Obligation Pledge

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