Buffer Zone

Definition of "Buffer zone"

Strip of land that separates one land use from another.

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Popular Real Estate Terms

Opening Escrow

The deposit given by a buyer of property is delivered to the escrow agent, who retains it for the seller. ...

Prospect Cards

File of prospective real estate customers showing their address, telephone number, time and date of last contact, types of properties in which they ar ...

Inside Trim

Interior building trim surrounding windows, doors, and baseboards. Interior trim is both decorative and functional. It comes in several different styl ...

Construction Costs

Expenditures incurred building a structure, including material and labor. ...

Mesne

In between, intermediate, intervening; passing an interest from a principal to a second party and then to a third party. ...

Falling Out Of Escrow

One of the parties is unable to satisfy the conditions of the purchase and sale contract. ...

Popular Real Estate FAQ

What Is An Escrow Officer?

An escrow officer - also known as a loan officer - is the person that walks you through the closing process. They are usually employed by the title c ...

What Is Equity?

Equity is the financial interest or cash value of your home, minus the current loan balance(s). If selling the home, this would also be minus any cost ...

What Does A Back-end Ratio Mean?

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

If I Want To Buy A House And I Know The Property And The Seller Already Have An Agent, Can I Act As My Own Agent And Negotiate A Lower Fee?

You probably don't have the correct knowledge to represent yourself. The seller pays the real estate commission, not the buyer, and real estate commis ...

I Dont Know The Zip Code Of My Areas. How Do I Find An Agent That Is Right For Me In My Area.

Please refer to our directory, where you will be able to browse using Counties and/or Cities. ...

What Is A Rate Lock?

A rate lock is a commitment issued by a lender to a homebuyer or to the mortgage broker guaranteeing a specific interest rate for a specified amount o ...