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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

X, Y, Z

Zoning

e regulation by local government of the use and development of private land

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 Tips

About Appraisals >The Language of Real Estate Agents

Technical terms can be confusing to people who do not work in a profession, and real estate agents use language that may be confusing to many home buyers and sellers.

If you find your eyes glazing over when your real estate agent starts talking about escrow, clear title, easements, encroachments, contingencies, financing, appraisals and the closing process, don't hesitate to ask for a translation. Buying or selling a home is a major step, and professional real estate agents are totally committed to helping you understand the process thoroughly so that you can make informed decisions.

The simple transaction of trading the sellers' house for the buyers' money has become complicated by several hundred years of custom, common law, and state and local government requirements. Consumer demands have resulted in up-to-date rules that communication be as clear and understandable as possible. Real estate agents work to create an atmosphere in which you feel comfortable to ask questions.

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Real Estate Trivia

Q	What famous American building was originally built in 1792, burned and rebuilt 1814-1818 and restored in 1952?
A	The White House in Washington, D.C., modeled after an Irish palace, is a sumptuous example of post-colonial architecture.
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