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A contract under which the broker is
commissioned to find a buyer before the property is sold by the seller or
another competing broker
Option
The agreement to keep an offer to purchase or
lease open for a specific period of time
Option listing
An agreement by which the broker advertising the
property has the right to purchase the listed property himself
Origination fee
A fee paid to the lender for processing a loan
application
Owner financing
A property transaction for which the seller
provides all or part of the financing to the buyer
Owner's Title Insurance
A policy insuring the full purchase price of a
piece of property for the buyer, usually including adjustments for inflation
each year up to a maximum of 150% of the original policy amount, the premium
for which is payable at the time of closing
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Tom & Cindy and Associates Long & Foster Realtors 7027 A Manchester Blvd. Alexandria, VA. 22310 Phone: 703-822-0207 Fax: 703-971-9866 Email: TomandCindy@HelloVirginia.com
Tom & Cindy and Associates is a group of top Northern Virginia Realtors led by Tom Pietsch and Cindy Schneider. They rank #2 for Large Teams out of all 13,000 agents in Northern Virginia and #1 in the areas in which they specialize. They sold 228 homes last year resulting in over $100,000,000 in sales volume!
"We are highly professional and known for our strong ethical practice. We are also friendly, energetic and enthusiastic. Our innovative team organization ensures that you are a phone call or e-mail away from us at all times, and that each detail of your transaction is being handled expertly."
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