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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

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 ...

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