About Jason Nicolai

Jason Nicolai is a respected guest columnist for the Asheville Citizen-Times and the Real Estate Weekly. He has appeared on UNC-TV discussing the real estate market in Western NC. Jason is passionately knowledgeable about North Carolina's housing market and is YOUR REAL ESTATE RESOURCE for the mountains! Jason holds a Bachelors degree from Berea College. In his spare time, he enjoys training dogs, fly fishing, and zymurgy. Jason has been the number 1 Century 21 office agent in Western NC 2009-2017, and has been awarded the Prestigious "Quality Service Pinnacle Award".

Century21-AshevilleNC.com

Jason Nicolai

Real Estate Glossary Terms

Simple Interest

A transaction in which interest is not paid on interest there is no compounding. For example, if you deposit $1,000 in an account that pays 5% a year simple interest, you would receive $50 interest in year one and another $50 in year two. If interest were compounded annually, you would receive $ ...
Contract Owner

Same as term Contract Holder: in insurance, individual with rightful possession of an insurance policy, usually the policyowner. ...
Market Value V. Actual Cash Value

Value of property as established by the price a willing buyer would pay for property purchased from a willing seller, compared with the replacement cost of damaged or destroyed property minus depreciation and obsolescence. Usually, replacement cost basis is used in property insurance to indemnify an ...
Overcharging

Charging the insured an amount that is above the actual premium required for placing and maintaining the policy in force. ...
Straight Deductible Clause

Section of a policy that specifies the dollar amount or percentage of any loss that the insurance does not pay. Most property and medical policies specify that the first portion of any loss is absorbed by the insured. A straight deductible clause, which is common in auto and homeowners insurance, mi ...

Real Estate Advice

Agent Advice

How To Become A Real Estate Agent In Texas?

Being the second-largest state in the United States following Alaska, Texas prides in its prosperous economy and with a gross state product of $1.8 trillion, Texas is amongst the top largest economies globally. Texas is a state with an abundance of natural resources, thriving cities, and institutions that provide the best education that significantly contributes to its ...

Agent Advice

5 Real Estate Marketing Ideas For 2020

The new year is finally here, and with it, a bevvy of new opportunities to explore in the real estate business. The world of real estate is constantly changing and evolving, and a good realtor needs to constantly keep themselves updated on new marketing strategies for real estate agents. With that in mind, we’ve put together this list of ...

Homebuyer Tips

Pros And Cons Of Living In Boca Raton

There is a lot to be said for living in Boca Raton FL. Beautiful weather, beautiful beaches and beautiful houses are just a few of the many, many pros of living in this gorgeous city. But, just like any other city, there are a fair few downsides to living here. Housing prices are astronomical, and property crime rate is even higher than the national average. ...

Homebuyer Tips

Home Loans With 0 Down Payment

Mary V. has always adored the fairytales her mother used to read before going to bed. Since then, she had been dreaming of her own place to call home, which gradually became smaller and smaller. She left behind the gold-plated palaces and castles of her childhood memories, and now, in her early 20s, she would be more than happy to live in a small cozy one-story house ...

Homebuyer Tips

How Can You Improve Your Credit Score?

The almighty Credit Score: The banking industry revolves around it. Landlords demand it. And everybody is concerned about their three digits that reveal how well they are doing financially. The FICO® Score and the VantageScore are two systems that measure your creditworthiness. Both can be between 300 and 850. Of course, the higher, the better. Understanding credit ...