Real Estate Terms
For condo dwellers HOA stands for this as in those cheapos at the HOA don't want to put in a tennis court
What is a Homeowners Association?
CRP is an abbreviation for this.
What is Coastal Real Estate Pros?
The founder of EXIT Realty
Who is Steve Morris?
The local realtor association
What is the Coastal Carolina Association of Realtor?
A person licensed to sell real property by the South Carolina state licensing board
What is a Real Estate Salesperson?
ABC is shorthand for this aggressive real estate mantra about forever sealing the deal
What is Always Be Closing?
This is the EXIT CRP slogan
What is "We Work For You"?
This person is the CEO of EXIT Realty Corp. International
Who is Tami Bonnell?
A popular phrase in the area is, "if you don't already have these pests you will soon"
What are termites?
The state level realtor association
What is South Carolina Realtors?
The traditional rule of thumb for mortgage holders is don't do this unless you can lower your interest by 2%
What is Refinance?
This is the document that we give all buyers and sellers to show our commitment to high-quality service
What is the Platinum Service Pledge?
Text certain codes to this number to receive information on listings, joining exit, and more
What is 85377?
A document used in real estate that affords the purchaser of real property the greatest amount of protection
What is a warranty deed?
You'll find yourself in this city if you ever have a Realtor Ethics complaint filed against you in South Carolina
What is Columbia?
This term for the conveyance of property to secure a loan literally means dead pledge
What is a mortgage?
Single-level residuals paid just passed this milestone
What is $500 million dollars?
All homes in our area are in flood zones, these are the different zones
What are X, X-500, A, AE, and VE?
To qualify for a Multi-Lot Tax Discount an owner must own at least this many lots in one plat
What is ten lots?
From the Latin for fair it's a property's fair market value minus outstanding debt
What is equity?
This is the date Coastal Real Estate Pros franchised with EXIT Realty
What is March 23rd, 2014?
This is the month and year EXIT Realty was founded
What is September 1996?
When purchasing land being used as agricultural and the purchaser will be changing its use, watch out for these
What are roll-back taxes?
South Carolina tax law states that when a nonresident seller sells their home they must pay this amount on any recognized gains
What is 7%?