Online real estate listings
Properties listed for sale on the Internet.
Open house
A marketing tool in which a listing agent opens a house for view.
Open listing
A property given to a number of brokers to market at the same time.
Open space
Undeveloped land or common areas in a planned community reserved for parks, walking paths or other natural uses.
Option
A situation in which a buyer puts down money for the right to purchase a piece of real estate within a set time period but does not
have an obligation to buy.
Oral agreement
Contractual arrangements that are not in writing and are usually not legally binding.
Original principal balance
The amount of principal owed on a loan before a borrower makes any payments.
Origination fee
A fee charged by most lenders--also called points--for processing a loan. A point is 1 percent of the total loan amount.
Overhang
A protruding structural feature.
Owner financing
A transaction in which the seller of a property agrees to finance all or part of the purchase.
Debbie Bachmann
BOISE IDAHO AREA REAL ESTATE
BOISE LUXURY HOMES
Term Glossary ( O )
Term Glossary- Search Alphabetically:
Term Glossary- Search Alphabetically:
FREE!
How Much is My
Home Worth??
sent to your
Email
Click the Heart!  
FREE!
A Daily Email  List
of the Latest  
Idaho Homes to
Hit the Market!
Click the Heart!
BROKER ~~ MERIDIAN OFFICE