Posted on February 5, 2009 by Carole Sanek
RESPA – has a nice sound to it, but do you know what RESPA is? RESPA is the abbreviation for Real Estate Settlement Procedures Act. Now you know what it is, right?
No? Well here is an abbreviated legal definition of it:
The Real Estate Settlement Procedures Act (RESPA) is a consumer protection statute, first passed in [...]
Filed under: Buyer Beware, Free On line Support, MONEY!MONEY!MONEY!, Real Estate Terminology | Leave a Comment »
Posted on November 18, 2008 by Carole Sanek
This is the final posting in my series of different real estate tips I have been writing about and these are basic definitions of different real estate terms.
Agent An individual who represents a seller, a buyer or both in the purchase or sale of real estate.
Amortization The schedule of loan payments that establishes the amount [...]
Filed under: Real Estate Terminology | 3 Comments »
Carole Sanek