Puffing


Definition of "Puffing"

Daniel Gofman
  Florida Best Realty

Buildup of the value of property. It is an inflated opinion of value by a seller, not a representation of fact.


Search Real Estate Glossary

 

Related Real Estate Glossary terms

Balance Sheet Reserves

Amount expressed as a liability on the insurance company's balance sheet for benefits owed to policy ...

Conservatorship

Act of being a conservator. ...

Contribution Clause

Clause, generally found in business interruption insurance, that establishes the same indemnificatio ...

American Land Development Association

Trade group of predominately land developers. ...

Factory Insurance Association (fia)

Association of stock property insurance companies, formed to provide engineering services for member ...

Franchise

Privilege granted by a franchiser to a franchisee permitting the latter to operate using the franchi ...

Related Real Estate FAQ

What Is A Private Mortgage?

Private mortgage insurance is insurance that protects mortgage lenders against default on loans by p ...

What Is A Spec House?

The textbook definition of a spec house is \"one built on a speculative basis, without an order on t ...

What Is A Survey?

A survey is an examination of a property\'s boundaries to determine the quantity of land, location o ...

What Is A Rate Lock?

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

What Is A Commitment Letter?

A commitment letter is a formal offer of a loan by a lender. The letter states the terms under which ...

What Is An Appreciation?

Changes in the market conditions, or improvements to the property that increase the value of the pro ...

Read why Real Estate Agent rates 5 Stars in 10 Agent Reviews
Read Reviews

Agents join here
Add our widget on your Website

Real Estate Advice

5 signs of house foundation problems Getting Ready to Sell? Don't make these DIY Mistakes! Mortgage Loan Types What is Earnest Money What is Hazard Insurance?

FAQ

What if the computer I want to insure is homemade or custom-built? Besides making my monthly mortgage payment, how can I build equity into my house? What are discount points? What is a sales contract? What is flood insurance?