Indianapolis Real Estate Blog

June 24, 2010

Indianapolis Real Estate Terms

Filed under: Indianapolis Real Estate Terms — soldbychris @ 7:25 am

Are you looking to buy or sell property in the Indianapolis Real Estate Market? A understanding of the real estate process is may assist you in buying or selling. To feel more comfortable with the real estate process I am sharing real estate terms and definition to assist you in the process of buyer or selling your next home.

Daily posts are made to this Indianapolis Real Estate market blog to keep you informed. Make sure to bookmark this page to keep track of the daily post or market news.

Vacancy factor – An allowance or discount for estimated vacancies (unrented units) in a rental project. The vacancy rate is the ratio between the number of vacant units and the total number of units in a specified project or area.

and

Land contract – Another name for an installment purchase contract, by which the buyer obtains equitable title (the right to use the property) while the seller retains legal title (recorded title) as security for payment of the balance of the purchase price.
Serving the communities of
Marion County, Townships of, Center Township, Decatur Township, Franklin Township, Lawrence Township, Perry Township, Pike Township, Warren Township, Washington Township, Wayne Township

A complete list of terms may be found at Indianapolis Real Estate Glossary Terms. The Glossary will aid you in the process of buying or selling your next home.
Serving the cities of
Greenfield, Homecroft, Indianapolis, Noblesville, Plainfield, Southport, Speedway, Westfield, Whiteland, Zionsville

As a licensed REALTOR with EDU Real Estate Group in Indianapolis, Indiana. I offer a buyer rebate when you purchase your next home using my services.

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

Serving the Communities of Perry Township Real Estate
Serving the Communities of Johnson County Real Estate

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