Definition of "Window"
Opening in the wall of a structure to let in air and light.
Popular Real Estate Terms
An enticingly attractive initial rate below the market offered in an adjustable rate mortgage. For example, the teaser rate may be offered at 2% below market. A borrower who cannot qualify ...
Relationship between individuals or entities out of which exists a mutual interest. An example is a privity of contract among the contracting parties concerning the actions each are to take. ...
“What is Situs?”, you ask.Situs is a word in Latin that basically means the site or location where something exists or originates. Like most words in latin, situs is usually ...
Association of the owners of all condominium units in a building that is concerned with managing day-to-day matters in the building complex, including the surrounding and enforcing ...
A capitalized expenditure usually extending the useful life of a building or improving it in some manner over and above the original condition. In contrast, a maintenance or repair expense ...
Right to enter and start construction or furnishing property that is in the process of being purchased. ...
If escrow is the legal “moment” where assets are held by a third party (an escrow agent) hired by both the buyer and the seller of goods like real estate and insurance until the ...
People say, in real estate, there's a lot more than meets the eye. If you're connected to the housing market in any way, you've probably heard the term "implicit cost." It sounds fancy, but ...
Loan having the last payment either (1) more than twice the amount of any other payment, or (2) a payment arising from the lenders call provision. The term loan (or straight loan) is a form ...
Comments for Window
What does it mean when a realtor tells you "your window is small"?
Dec 05, 2019 20:27:15Hey, Melanie! Usually, when someone says that you have a small window it means that you have an opportunity that needs quick action otherwise you might lose it. For example, if you talked with a realtor about buying a house, he might come up with some home deals that you are interested in. If you point out one home deal that stands out he might tell you that you have a short window on this deal. This means that you should consider purchasing as soon as possible, otherwise, you might end up losing the deal in someone else's favor.
Apr 10, 2020 09:47:42Have a question or comment?
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