 |
| Manish Sheth |
.jpg)
Passed In
The highest bid fails to meet the reserve price of
a property at an auction
and consequently does
not sell.
PIM (Project Information Memorandum)
A report giving information on items such as
potential erosion,subsidence,
hazardous
contaminants, storm water. It may also
include
classifications under organizations such
as the Dept. of
Conservation
or Historic Places Trust, as well as
authorizations required
by the Resource
Management Act.
POA
A pricing method used by some Real Estate
companies, meaning Price
On Application.
Power-of Attorney
The person who has authority to execute
documents on behalf of the
grantor of the
power. Also a legal document which authorizes
another
person to act on one’s behalf. A power
of attorney can grant
complete authority or can
be limited to certain acts and/or certain
periods
of time.
Pre-qualification
The process of determining how much money a
prospective home buyer
will be eligible to
borrow before he or she applies for a loan.
Prime Rate
The interest rate that banks charge their
preferred customers. Changes
in this rate can
influence other rates including
mortgage interest rates.
Principal
The amount borrowed or still to be repaid. The
part of the monthly payment
that reduces the
balance of the mortgage.
Private Sale
The sale of property by the owner without the
services of a real estate
agent.
Private Treaty Sale
The sale of property, through a real estate
agent,by negotiation.
Proxy
A person who represents another, particularly, in
some meeting.Also,
the document giving to
another, the authority to represent.
.jpg)
Contact : Aasha Realtors :
Office :- 022 - 2895 32 32 / 022 - 2894 87 47 / 022 - 28906363
Mobile :-Neeta- 9821411063
Skype Id :- neeta.shah30
Shop No. 2 & 11 , Shailesh Apartments, Borivali West, Mumbai
– 400103, India
No comments:
Post a Comment