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About Terry Company

Terry can help you with your home buying or selling needs. He has the support of the #1 Real Estate company in the world. Give Terry a call to discuss your particular Real Estate need and let him map out a plan that will bring your desired results.

 

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Homebuyer Tips

How To Use Color Trends To Make Your Home Decor Stand Out In 2023

How To Use Color Trends To Make Your Home Decor Stand Out In 2023

Your home is a reflection of your personality, and the colors you choose to decorate it will play a crucial role in creating the ambiance and the mood of your living space. As we enter spring, the season of revival and rebirth, it’s the perfect time to start updating your home’s color scheme to keep it fresh, stylish and inviting. In this article, we’ll ...

Homebuyer Tips

Best Places To Live In Virginia

Best Places To Live In Virginia

When looking for the best places to live in Virginia, you will not be disappointed. Located on the southeastern coast of the United States, Virginia is filled with rich history, natural beauty, and diverse communities. With its close proximity to Washington D.C. and the Atlantic Ocean, Virginia offers a unique blend of urban and rural living that makes it an attractive ...

Agent Advice

Content For Real Estate Agents: The Top Strategy For Success In 2023

Content For Real Estate Agents: The Top Strategy For Success In 2023

 As a real estate professional, you probably wonder why creating content for real estate agents has anything to do with the job, itself. But companies and agents picking up the routine made it evident that social media marketing and a solid overall web marketing strategy with content can be much more effective than paid advertisements. Well, as an agent, your ...

Agent Advice

Pros & Cons Of Being A Real Estate Agent

Pros & Cons Of Being A Real Estate Agent

Before starting a real estate agent career, learn about the pros and cons of being a real estate agent. Weighing the benefits and drawbacks allows you to make smarter decisions about your future profession. A career in real estate may give considerable benefits. It can also provide various problems that must be overcome. It is a career that involves hard labor and ...

Agent Advice

Best Paying Jobs In Real Estate

Best Paying Jobs In Real Estate

Have you ever dreamed about a career with a 6 figure salary? Most people certainly have. What most people haven’t dreamed about, though, is how to get that amount of money. The reason for that might be that the goal seems to be lightyears away from reality, or it’s hard to make a move from the warmth of the comfort zone. Also there are people who are just ...

Real Estate Glossary Terms

  • Appraisal

    An Appraisal is the evaluation of a real estate property made by a neutral third party expert known as an Appraiser. There are a number of reasons a home Appraisal is done: -   To develop a realistic market price-  To set the property market value at the time of death of its owner, w ...

  • Locking The Loan

    An option exercised by the borrower, at the time of the loan application or later, to 'lock in' the rates and points prevailing in the market at that time. When lenders 'lock/' they commit to lend at a specified interest rate and points, provided the loan is closed within a specified 'lock period ...

  • Prepayment Penalty

    A charge imposed by the lender if the borrower pays off the loan early. The charge is usually expressed as a percent of the loan balance at the time of prepayment or a specified number of months' interest. Some part of the balance, usually 20%, can be prepaid without penalty. Usually, the penalty ...

  • Nontraditional Reinsurance

    Types of reinsurance instruments under which the amount of risk transferred is more limited than under traditional risk reinsurance instruments. The limitations on risk transfer take the form of an aggregate dollar amount or loss ratio limits according to the reinsurance coverage in effect. Premiums ...

  • Tort

    In general, a civil wrong, other than breach of contract, for which a court will provide a remedy in the form of a suit for damages. Torts include negligent acts or omissions on the part of a defendant. Liability insurance is designed to cover an insured (defendant) for unintentional tort acts. ...

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