Lawrenceville, Dacula and Hoschton real estate and homes for sale in Georgia - Ron Melin, Lawrenceville, Dacula, Hoschton, Gwinnett County, NE Suburban Atlanta metro, Georgia, Ga., Realtor, Houses, Listings, Homes for sale, Real estate, Agent, REALTOR® REALTOR® Logo - NUMBER1EXPERT™ NUMBER1EXPERT™ Logo

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Real Estate Dictionary
Welcome > Resources > Real Estate Dictionary - A

A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

N

NATIONAL ASSOCIATION OF REALTORS® (NAR)

A real estate trade organization that sets the standards for integrity and honesty within the real estate profession nationwide

Negative amortization

A gradual increase in the balance of a loan or mortgage which occurs because the monthly payments made are too small to cover the entire principal and interest charges; this shortfall amount is added to the remaining balance, resulting in negative amortization

Net listing

The advertisement of the price of property for sale in terms of the net price the seller will receive, once the property is sold, a type of listing which is illegal in many states

Net worth

The total value of all of an individual's assets, minus all liabilities or debts

No cash-out refinance

A transaction for refinancing a mortgage in which the new mortgage amount is limited to the sum total of the remaining balance of the first mortgage, points, closing costs, whatever is required to satisfy any liens that are more than one year old and other funds for the borrower's use (as long as the amount is one percent or less of the principal amount of the new mortgage)

Notary

An individual authorized by law to certify documents and signatures

Note

A legal document that obligates a borrower to repay a loan or owed sum of money at a stated interest rate over a designated period of time

A B C D E F G H I J K L M N O P Q R S T U V W X Y Z



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Real Estate Trivia
Q 
Where is the world's largest stained glass window?

A 
The American Airlines terminal at the Kennedy International Airport in New York City has a stained-glass window that is 300 feet long and 23 feet high.
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Ron Melin, REALTOR®, real estate agent and broker for Lawrenceville, Dacula and Hoschton, Georgia home listings, property and land for sale - NUMBER1EXPERT(tm)

Ron Melin, Owner-Broker
EAGLE REALTY ASSOCIATES, LLC

P.O. Box 492067
Lawrenceville, GA 30049
Main: 770-962-2014
Cell Phone: 404-275-5860
Fax: 1-866-266-0544
Mail To:: RonMelin@RonMelin.com
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With over 26 years of local real estate expertise and knowledge, you can feel confident trusting me with your business. After browsing my site, please call me direct if you can't find what you're looking for. I am very quick to answer the phone and always return voice mails promptly. You can find out more about me on my website @ http://www.RonMelin.com. My specialty is single family residential homes in cities of Lawrenceville, Dacula, Hoschton, Buford, Braselton, Flowery Branch, Auburn and Winder. Ron Melin..... BSBA, Owner-Broker, CRS, ABR, e-Pro, Double Phoenix

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