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Coldwell Banker Real Estate LLC
Industry: Real estate
Number of terms: 2794
Number of blossaries: 0
Company Profile:
Coldwell Banker is a large real estate franchise founded in 1906 in San Francisco. Coldwell Banker has an international presence, with offices on six continents, 46 countries and territories. There are more than 600 Coldwell Banker offices outside of the United States.
A non profit professional association organised in 1982, dedicated to the advancement of professionalism in real estate appraisal.
Industry:Real estate
When an agent shows properties that are listed with Coldwell Banker, or if Coldwell Banker is representing more than one buyer on a particular property, the Coldwell Banker agent then becomes a disclosed dual. The agent will not be able to disclose confidential information to either party, such as price, terms or motivation to sell or buy. The dual agent must treat all parties fairly, act in good faith and disclose all appropriate property facts.
Industry:Real estate
An organisation founded in 1956 which promotes standards of professionalism in its members.
Industry:Real estate
To make known or public. By law, a seller of real property must disclose facts that affect the value or desirability of the property. Unless exempt, the seller completes and signs specific disclosure forms, including the Real Estate Transfer Disclosure Statement, to disclose those material facts.
Industry:Real estate
Payment made that reduces the principal balance of a loan before the due date and before the loan has become fully amortized.
Industry:Real estate
The period during which a loan approval is valid.
Industry:Real estate
The percentage of vacant properties in a given area that is the result of natural turnover and market forces.
Industry:Real estate
A negotiable fee paid to the lender to secure financing to the buyer. Discount points are interest charges paid up-front to reduce the interest rate on the loan over the life or a portion of the term.
Industry:Real estate
A fee charged to a borrower who pays a loan in full before the stated due date.
Industry:Real estate
Fees which are charged to the tenets or owners of properties to cover the costs of maintaining areas shared with other tenets or owners. Commonly found in condominium, PUD or office spaces.
Industry:Real estate