Indianapolis Real Estate Blog

March 8, 2010

Indianapolis Real Estate Terms

Filed under: Indianapolis Real Estate Terms — soldbychris @ 6:25 am

In today’s constantly changing market you need to have every advantage if you are looking to buy or sell Indianapolis Real Estate. It is important to have an understanding of the real estate process that can sometimes be complex and overwhelming. To assist you in feeling more comfortable with the real estate process I am sharing real estate terms and their meaning. The assistance of a licensed Realtor with knowledge and experience is beneficial.

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.

Mortgage acceleration clause – A clause, which allows a lender to demand that the entire balance of the loan, be repaid in a lump sum under certain circumstances. The acceleration clause is usually triggered if the home is sold, title to the property is changed, the loan is refinanced or the borrower defaults on a scheduled payment.

and

Column footing – The support base for a load-bearing column. The footing is usually made of reinforced concrete. bearing column.
Serving the communities of
Morgan County, Townships of, Adams Township, Ashland Township, Baker Township, Brown Township, Clay Township, Green Township, Gregg Township, Harrison Township, Jackson Township, Jefferson Township, Madison Township, Monroe Township, Ray Township, Washington 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
Anderson, Avon, Brownsburg, Carmel, Danville, Fishers, Franklin, Geist

Contact Chris today to receive emails of foreclosures or short sales available in Indianapolis

Chris Frantz
EDU Real Estate Group
7117 US 31 south Indianapolis, IN 46227
Indianapolis Real Estate

Serving the Communities of Fishers Real Estate
Serving the Communities of Homecroft Real Estate

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