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About Felita Phillips

Buy or sell real estate property.

The purchase or sale of a home or investment property is one of the most
complex and significant financial events in peoples' lives. People
typically seek the help of real estate brokers and sales agents when buying or selling real estate because of the complexity and importance of this

Real estate brokers and sales agents can help you find a home, sell your
home, make an offer on a home, help you find buyers, and assist you with

Real estate professionals have a thorough knowledge of the real estate
market in their communities. They are familiar with local zoning and tax
laws and know where to obtain financing for the purchase of property.

Buy and sell residential houses, commercial buildings, industrial property
and farmland, property management, mortgage banking, land development, and real estate appraisal.

Pearl Properties

Felita Phillips

Felita Phillips


Real Estate Glossary Terms

  • Basis Point

    Unit of measure for the change in interest rates for loans. One basis point equates to 1 percent of 1 percent, that is, 0.01 percent. Therefore, one hundred basis points equals 1 percent. ...

  • Incorporeal Interests

    Right to insurable interest in property such as the right of a secured creditor in the property pledged as security. ...

  • National Association Of Independent Insurers (naii)

    Trade association of property and casualty insurance companies that do not have membership in a rating bureau. These companies do not follow standard rates and forms authored by a rating bureau. ...

  • Prior Acts Coverage

    Liability insurance coverage for claims arising from acts that occurred before the beginning of the policy period. Policies written on a claims made basis, such as malpractice liability insurance and errors and omissions liability insurance, over only claims during the policy period. Prior acts cove ...

  • Reportable Event

    Obligation of the insured to report losses from a covered peril to the insurance company or its representative as soon after its occurrence as possible. ...

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Fair Housing and Equal Opportunity (FHEO)
The Multiple Listing Service Mark


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