Ghastly Rates
New MA Buyer Program
What is MA Dreams
AMC
What is appraisal management company
Seller Concession
What is a credit from the seller to the buyer to covering closing costs and prepaid items
Appliances
What is no
P&S
Who is the seller attorney
LTV
What is Loan to Value
3 S's of FHA
What is: Safety, Security & Structural
Escrow
Who is the seller; or the listing brokerage/or seller's attorney
Inspections
What is written in the offer
Signing
Who is the buyer
Bank Approaches
FNMA
What is 6 month's preferred, max 12 months
Offers
What is yes
Consideration
What is $1 minimum
Tax Stamps
What is 4.56
FEMA
What is AE
Comps
Stigmatized Property
What is only when asked in MA
Responsibility
What is no
What is Essex South
Escrow Waiver
What is the opportunity for a borrower not to include taxes or insurance in their payment.
Distance
What is within one mile
Out of State
What is: You can, only with the partnership of another licensed broker within that state.
Contingencies
What is Mortgage, Appraisal, Inspection, Title
RESPA
What is Real Estate Settlement Procedures Act