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A condominium project with features that lenders view as favorable in terms of
their risk exposure on loans secured by individual condo units. The requirements of warrantability
include such features as the following: the project (including all common areas) is fully completed
and the common areas are insured, the Homeowners Association has been controlled by unit owners (as
opposed to the developer) for some period, most units are owner-occupied, and no one person owns more
than 10% of the units. Loans on units in warrantable condos receive better terms than loans on units
in non-warrantable condos.
Real Estate Dictionary of Real Estate Terms
Definition of Real Estate Terms
Are you confused and overwhelmed by the extensive lexicon of real estate
terms and words? Well look no further, here is where the PROS go. Real Estate Glossary
Every person working in real estate or planning to buy or sell real estate
can benefit by using our free real estate dictionary. This dictionary of
real estate terms is the most extensive in the industry and is used by many
*real estate agents, real estate brokers, mortgage brokers, Realtors *and
instructors in major real estate schools across the country and the world.
"With years of real estate experience, I still get excited about what's happening every day in this sometimes crazy real estate market. Knowing the ins and outs of the DC area market isn't easy and requires continual research and attention.
Whether you are buying or selling, the process" ... [ view more ]
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Company: RE/MAX Professionals
Agent Name: George Klimes
Mobile: 202-459-7318 Office: 301-474-2400
"As an agent who's an expert in this local area, I bring a wealth of knowledge and expertise about buying and selling real estate here. It's not the same everywhere, so you need someone you can trust for up-to-date information. I am eager to serve you. Here are some of the things I can do f" ... [ view more ]
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Company: Long & Foster Companies, Inc
Agent Name: Imran Kazmi
Mobile: 1-202-906-0593 Office: 1-240-893-8284
"Imran Kazmi wants to guide you through the real estate process as quickly, efficiently, and successfully as possible, by eliminating the stresses of buying or selling a home, as well as devoting his time and attention to understanding and meeting his clients’ needs, Imran is ambitious, self-" ... [ view more ]
"My Personal Mission
As your professional real estate advisor, I focus on client satisfaction. My business is about service and I am not happy until you are happy. My years in the business have provided me the experience to assist you with nearly every real estate need. Whethe" ... [ view more ]
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Company: Keller Williams Realty
Agent Name: Brett Shankle
Mobile: 1-703-819-4352 Office: 1-703-564-4000
"Brett Shankle’s entire career has been client-focused which explains why he excels in meeting the real estate needs of his clients in the Maryland, DC and Virginia. His “customer first” service fulfills the needs of a wide range of clients such as first time home buyers, sellers, investment " ... [ view more ]
If you are interested in other Real Estate Glossary terms
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