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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 |
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Option |
The agreement to keep an offer to purchase or
lease open for a specific period of time |
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Option listing |
An agreement by which the broker advertising the
property has the right to purchase the listed property himself |
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Origination fee |
A fee paid to the lender for processing a loan
application |
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Owner financing |
A property transaction for which the seller
provides all or part of the financing to the buyer |
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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 |
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Did We Miss the Word YOU Are Looking For? Is there a real estate word that we failed to explain here in our dictionary for homebuyers and sellers? Let us be your personal real estate dictionary! We'll send a brief explanation of any word or term that you encounter when buying and selling property. Do you have a suggestion of a real estate word that should be included? Let us know! We always appreciate feedback. Do any of these definitions raise questions for you? Didn't find the word you're looking for? Let us know! We're happy to answer ANY questions. It's our job! There's no obligation, and we promise to get back to you quickly...
| Q |
What house is considered to be the first house with running water in America?
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| A |
John Headly's home built in Newport, RI in 1723, was equipped with an underground pipe from the nearby spring.
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See More Real Estate Trivia > |
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Bonnie Mullinax and The Mullinax Team Keller Williams Realty Northwest 103 Mockingbird Drive, Suite A Cartersville, GA. 30120 Phone: 770-606-0054 Fax: 678-605-8041 Email: info@mullinaxteam.com
Bonnie started out in 1988 as a stand-alone Real Estate Agent. She observed trends, needs and combined empathy for her clients needs with her tough negotiating skills. Because she understood and still understands the emotional rollercoaster ride home selling and purchasing can be, she fought for the best deal possible for her buyers and sellers. Bonnie quickly gained a reputation for being honest, hardworking and successful with her clients, and her business grew.
In 1998, she added a Client Care Coordinator, and soon after buyer agents and other people in administrative roles around her, and thus The Mullinax Team was born!
Today, Bonnie and her husband, Wes, run the Mullinax Team. She lists homes and negotiates short sales, mentors team members, provides training opportunities, oversees the marketing, speaks nationally at various Real Estate events and coaches Real Estate agents. She has brought her team to the top, producing volume and sales consistently to date. 

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