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English
About Helen Reece
I have lived in the Lake Norman area for over 26 years. Real estate has always been a passion of mine. I can't really think of a better place to call my home. It's now called a melting pot, because a lot of the residents have moved here are from other states. They visit and make this area their home as well.
Please contact me if you would like to sell your house or need help in purchasing a new home. I look forward to assisting you in achieving your real estate goals. Thank you.
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Real Estate Glossary Terms
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Wall
Divider made of plasterboard or plaster used to partition rooms. A room is created by the walls surrounding it. ...
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Sales-assessment Ratio
Selling price of a property divided by its appraisal value. If real estate has a selling price of $400,000 but its assessed value is 4380,000, the ratio is 1.053. ...
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No-Income Loan
A documentation requirement where the applicant's income is not disclosed. ...
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Financial Planning
Acquisition and employment of assets in order to maximize the return on these assets through: establishment of financial planning objectives; development of financial plans by which these objectives are to be achieved; establishment of a budget by which funds can be allocated to the purchase of the ...
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Flat Rate (flat Schedule)
Rate not subsequently adjusted. The rate stays in effect regardless of an insured's subsequent loss record. ...
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