Pinehurst, Ft. Bragg and Southern Pines real estate and homes for sale in North Carolina - Lucretia Pinnock, REALTOR® REALTOR® Logo - NUMBER1EXPERT™ NUMBER1EXPERT™ Logo
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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

O

Open listing

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

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 Trivia
Q 
What island was sold to Peter Minuit by the Indians for goods valued at 60 guilders ($24)?

A 
Peter Minuit arrived with a group of Dutch settlers in 1626 and purchased what is now known as Manhattan.
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Lucretia Pinnock, REALTOR®, real estate agent and broker for Pinehurst, Ft. Bragg and Southern Pines, North Carolina home listings, property and land for sale - NUMBER1EXPERT(tm)

Lucretia Pinnock
Pinnock Real Estate & Relocation Services, Inc.

115 E. Pennsylvania Ave.
Southern Pines, NC 28387
910-692-6767
Fax: 910-692-4141
lucretiapinnock@NUMBER1EXPERT.com

Whatever your questions, I'll help find the answer. I have been a full time real estate professional in Moore County, North Carolina since 1985. And as one of America's NUMBER1EXPERTST and an avid reader of professional journals, I understand national and local trends in the real estate market. Staying informed is critically important to my clients in the turbulent Real Estate Market that exists. Because of this level of professionalism, I was honored by Realty World-America and Keller Williams Realty as a Top Agent. I was named as Realtor of the Year for our Association of Realtors in 2003. I am well equipped to guide you through all your real estate needs in the Pinehurst area and take that opportunity and responsibility very seriously. I guide a Team of Real Estate Professionals to provide the highest level of service and look forward to providing that level of service to you and your friends! Call or email me today!


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