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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
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The Francis Group Hasson Company Realtors 9755 SW Barnes Road, Suite 155 Portland, OR. 97225 Direct: 503.297.5117 Toll Free: 877.243.8734 (2GETSFG) Fax: 503.297.5593 Email: sherry@sfgteam.com
Sherry's dedication to superior service has made her one of the top-producing Realtors in Portland. Her warm, enthusiastic, people-oriented approach and unparalleled service has resulted in lasting friendships, repeat customers and personal referrals. She has helped well over 1,500 families market or purchase the perfect home. That's over $275,000,000 in property SOLD!
To insure you receive the service and communication you deserve, Sherry has put together a team of professionals to make sure each step of the transaction runs smoothly and efficiently. Just call or email to get started with the best!
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