Definition of "Window"
Opening in the wall of a structure to let in air and light.
Popular Real Estate Terms
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A rectangular area bordered on all sides by buildings. Often, a quadrangle is grassy with decorative landscaping. A quadrangle can be found in a central business district or on the site ...
Predetermined price for a contract that will be the same irrespective of the actual costs incurred to complete it. This contract is advantageous to the buyer because he knows beforehand ...
Decision rendered by a court of law. ...
The willingness of a lender to give a mortgage to a mortgagor. A mortgage commitment will give a time period the mortgage will be given and an indication of the interest rate to be charged ...
Designation given to members of the American Society of Real Estate Counselors (ASREC). A prerequisite for membership is professional experience and ethical conduct. ...
An income feature added to a mortgage whereby the mortgagee earns income in addition to the mortgage interest and principal payments. Also called an equity kicker, a kicker allows the ...
Escrow, often known as collateral, is a legal concept. A third party is designated to hold an asset, resource, or a sum of money used in a transaction on behalf of the other two parties, ...
Comments for Window
What does it mean when a realtor tells you "your window is small"?
Dec 05, 2019 20:27:15Hey, Melanie! Usually, when someone says that you have a small window it means that you have an opportunity that needs quick action otherwise you might lose it. For example, if you talked with a realtor about buying a house, he might come up with some home deals that you are interested in. If you point out one home deal that stands out he might tell you that you have a short window on this deal. This means that you should consider purchasing as soon as possible, otherwise, you might end up losing the deal in someone else's favor.
Apr 10, 2020 09:47:42Have a question or comment?
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