Offer
A legally binding, written contract that defines how
much a buyer will pay for a property, depending on
satisfactory agreement with a list of contingencies. |
Open House
A period of time when the seller's house is open to
prospective buyers to view the house in a low-pressure
environment usually without their own sales
agent. |
Origination Fee
Similar to a
point, this fee is a supplemental fee
paid by buyers to lenders. |