Welcome to the daily Indianapolis Real Estate terms of the day posted for buyers and sellers interested in the Indianapolis Real Estate Market. With today
As a aid to buyers and sellers I provide daily real estate terms for buyers and sellers of Indianapolis Real Estate. The terms are listed daily for your benefit.
Basis point – A basis point is 1/100 hundredth of one percentage point. For example, the difference between a loan at 8.25 percent and a mortgage at 8.37 percent is 12 basis points.
and
Nominal consideration – A consideration bearing no relation to the real value of the contract. A deed often recites a nominal consideration, such as “ten dollars and other valuable consideration.”
Serving the communities of
Hancock County, Townships of, Blue River Township, Brandywine Township, Brown Township, Buck Creek Township, Center Township, Green Township, Jackson Township, Sugar Creek Township, Vernon Township
More real estate terms that can assist you can be found at Indianapolis Real Estate Glossary Terms. The Glossary will aid you in the process of buying or selling your next home in Indianapolis
Serving the cities of
Greenfield, Homecroft, Indianapolis, Noblesville, Plainfield, Southport, Speedway, Westfield, Whiteland, Zionsville
Chris Frantz is a licensed REALTOR with EDU Real Estate Group in Indianapolis, Indiana. Working with buyers and sellers of new home construction and resale properties.
Chris Frantz
EDU Real Estate Group
7117 US 31 south Indianapolis, IN 46227
Indianapolis Real Estate
Serving the Communities of Avon Real Estate
Serving the Communities of Plainfield Real Estate
