Indianapolis Real Estate Blog

October 16, 2010

Indianapolis Real Estate Terms

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

Daily real estate terms daily are posted here to assist you with buying or selling Spring Hill Real Estate. Remember this blog or subscribe to a RSS feed to receive a daily reading of real estate terms or other valuable information posted to this blog.

Fair market value – The highest monetary price which a property would bring, if offered for sale for a reasonable period of time in a competitive market, to a seller who is willing but not compelled to sell, from a buyer, willing but not compelled to buy, both parties being fully informed of all the purposes to which the property is best adapted and is capable of being used.

and

Truth-in-lending act – A federal law that protects consumers in a variety of ways. One of its key provisions allows a consumer to cancel a home improvement loan, second mortgage or other loan if the home was pledged as security (except for a first mortgage or first trust deed) until midnight of the third business day after the contract was signed.
Serving the communities of
Boone County, Townships of, Center Township, Clinton Township, Eagle Township, Harrison Township, Jackson Township, Jefferson Township, Marion Township, Perry Township, Sugar Creek Township, Union Township, Washington Township, Worth Township

A detailed list of terms can be found at Indianapolis Real Estate Glossary Terms. The Glossary will aid you in the process of buying or selling your next Indianapolis home.
Serving the cities of
Marion County, Johnson County, Hamilton County, Boone County, Madison County, Hendricks County, Morgan County

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 Fishers Real Estate
Serving the Communities of Homecroft Real Estate

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