TERMS/POLICIES
MORTGAGES/CLOSING
MTM FUN FACTS
ACRONYMS/LINGO
FORMS/DOCUMENTS
100
WHEN A PROPERTY OWNER DEFAULTS ON HIS/HER MORTGAGE AGREEMENT WITH THE BANK
What is FORECLOSURE
100

TWO WAYS THAT IT IS ACCEPTABLE FOR A BUYER TO BRING THEIR CLOSING COSTS TO CLOSING

What is WIRING FUNDS or CASHIERS CHECK

100

WHO IS OUR PREFERRED TITLE COMPANY?

What is MICHIGAN TITLE

100
WHAT DOES FSBO STAND FOR?
What is FOR SALE BY OWNER
100

FORM SIGNED AT CLOSING THAT INCLUDES ALL "PERSONAL PROPERY" ITEMS 

What is BILL OF SALE

200
WHAT IS USED TO DETERMINE A PROFESSIONAL OPINION ON THE VALUE OF REAL ESTATE?
What is APPRAISAL
200

WHO WILL PROVIDE THE PURCHASER WITH WIRING INSTRUCTIONS

Who is MICHIGAN TITLE (or Buy side title co)

200
WITH WHAT COMPANY DID THERESE START HER REAL ESTATE CAREER?
What is RE/MAX PLATINUM
200
WHAT DOES POA STAND FOR?
What is POWER OF ATTORNEY
200

FORM TO BE FILLED OUT BY SELLERS WHEN LISTING A PROPERTY FOR SALE

What is SELLERS DISCLOSURE STATEMENT

300

WHEN AN AGENT IS GIVING AN OPINIONIN AN EXAGGERTED OR SUPERLATIVE WAY

What is PUFFING

300

A HELPFUL TOOL TO CALCULATE A HOUSE PAYMENT IS IF WHITNEY IS NOT AVAILABLE 

MTM M APP

300

THE MONTH AND YEAR THAT THE MOVING THE MITTEN OFFICE OPENED

What is JUNE 2014

300
WHAT DOES HUD STAND FOR?
What is HOUSING AND URBAN DEVELOPMENT
300
THE LEGAL DOCUMENT USED TO TRANSFER TITLE OF REAL ESTATE FROM A PREVIOUS TO A NEW OWNER
What is DEED
400
THE RIGHT TO CROSS OR OTHERWISE USE ANOTHER OWNER'S LAND FOR A SPECIFIC PURPOSE
What is EASMENT
400

IF A PURCHASER WOULD LIKE TO TAKE TITLE IN THE NAME OF A TRUST OR ADD ON A QUIT CLAIM OR LADY BIRD DEED AT CLOSING, WHERE WOULD YOU NOTE THAT?

What is BROKER DEMAND

400

THE NUMBER OF HOMES MTM CLOSED IN 2021

What is 508

400
WHAT DOES PITI STAND FOR?
What is PRINCIPAL, INTEREST, TAXES, INSURANCE
400

THE FORM FOR WHEN A BUYER DECIDED THEY DO NOT WANT TO CONDUCT A HOME OR TIME OF SALE INSPECTION

What is HOME INSECTION/WELL & SEPTIC INSPECTION WAIVER FORM

500
TERM USED TO DESCRIBE THE PROFIT FROM THE SALE OF A PROPERTY.
What is CAPITAL GAIN
500

THE MAX LOAN AMOUNT FOR CONVENTIONAL MORTGAGES

$647,200

500

IN WHAT PLACE DID MTM RANK IN 2021 FOR SOLD SALES VOLUME IN WAYNE COUNTY

What is 24TH

500
WHAT DOES ARM STAND FOR?
What is ADJUSTABLE RATE MORTGAGE
500

THE ITEMIZED LIST OF ALL FEES OR CHARGES THAT THE BUYER OR SELLER WILL PAY AT CLOSING

What is CLOSING STATEMENT OR ALTA STATEMENT 

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