Advocacy Role | Real Estate Glossary

Definition of "Advocacy role"

Position taken by a real estate consultant representing the best interests of the client.

Wrongful act that causes injury or damages. Examples are trespassing on someone's property destroyin ...

Interim loans from banks to other lenders for their underwritten stocks or bonds. The stocks and ...

Claim by the pension benefit guaranty corporation (PBGC) against an employer for reimbursement of th ...

A mortgage payment that is more than 30 days late. ...

Individuals who are legally entitled to inherit money and property when someone dies. ...

Property and casualty coverage that indemnifies automobile dealers if a dissatisfied customer demand ...

The fee an agent earns for the sale of a home-usually a percentage of the selling price. ...

FSBO means for sale by owner. ...

The public tax assessor value of a property as determined for the purpose of taxation. ...

Title insurance is insurance that protects the lender and buyer against any losses incurred from dis ...

A borrowers other debts, such as auto loans and credit cards, figured into the debt-to-income ratio. ...

A rate lock is a commitment issued by a lender to a homebuyer or to the mortgage broker guaranteeing ...

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