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About Leisa Ormsbee

Realty Texas

Leisa Ormsbee

Leisa Ormsbee

1-512-590-1833

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2000 South IH 35 Ste E-1 , Round Rock - TX 78681

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Real Estate Glossary Terms

  • Exclusionary Zoning

    Property zoning having the net effect, intended or not, of excluding the poor and minority groups from living in a particular area. Building lot size is the most frequently used exclusionary zonong method. Large property size requirements increase the cost of housing, and can serve to discriminate a ...

  • Functional Depreciation

    A reduction in structural value from all reasons except physical failure. For example, a commercial building having an outdated elevator or electrical wiring system is experiencing functional depreciation. ...

  • Truth In Lending (TIL)

    The federal law that specifies the information that must be provided to borrowers on different types of loans. Also, the form used to disclose this information. Truth in Lending (TIL) is a great idea, in principle. The idea is to require lenders to provide one uniform set of price disclosures th ...

  • Drug Formularies

    Recommendation of medications that should be prescribed for certain ailments. They can be classified as follows: open or voluntary recommends a list of drugs to physicians that is supposed to be the most cost-effective for a certain ailment; closed dictates which drugs will be covered by a benefit p ...

  • Guarantor

    Term in surety coverage. Through the issue of a surety bond, a surety company is in effect the guarantor. ...

Real Estate Advice


 

Agent Advice

Cryptocurrency-Friendly Realtors

Cryptocurrency-Friendly Realtors

For decades, the world of finance was an oblique, inaccessible sphere that only those with the proper education and preparation could hope to break into. Hedge funds and investment firms reigned supreme, firmly holding a monopoly on everything even tangentially related to the industry of making money by spending money.  This was an era defined by elitist financial ...

Agent Advice

Creative Ways To Get Leads As A Real Estate Agent

Creative Ways To Get Leads As A Real Estate Agent

When you work in real estate, there are times when you’ve got to roll up your sleeves and get your hands dirty. With a good marketing strategy and some clever advertising you can get work by just sitting back and waiting for it to come to you, but this isn’t always going to pay the bills. In instances like these, you’ve got to go out and round up some ...

Agent Advice

Is Online Advertising Worth It For Realtors?

Is Online Advertising Worth It For Realtors?

For real estate agents working in the sphere today, there’s no denying that marketing is a key part of becoming successful. In order to sell real estate, you’re going to need to get your name out in the sphere. It doesn’t matter how highly developed your other skills are, without a solid marketing strategy you won’t go far. With the arrival of ...

Agent Advice

How To Advertise Online As A Real Estate Agent

How To Advertise Online As A Real Estate Agent

The online environment is growing, and with so many people surfing the internet, many businesses seize the opportunity to market themselves on the internet. It’s not just big companies that leverage the benefits of digital marketing but also independent agents such as realtors. In a post-pandemic era, the real estate market of 2021 looks more promising than ever ...

Homebuyer Tips

Dollars And Sense: Invest In Your 401k Or Pay Off Your Home

Dollars And Sense: Invest In Your 401k Or Pay Off Your Home

Job security for many people is an important aspect, but it might be overlooked if you don’t consider the unexpected, which often leads to unemployment. Take, for example, the pandemic that hit us in 2020, that left many people without jobs, especially in the leisure and hospitality industries. Not only that but as many were concerned about keeping Covid-19 out ...

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ABR, Accredited Buyer Representative
Fair Housing and Equal Opportunity (FHEO)
REALTOR®
SFR - Short Sales and Foreclosures
SRES®, Senior Real Estate Specialist
SRS - Seller Representative Specialist
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