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 ...
Situation in which an owner of property sells the property to an investor and then leases the property back, usually for a 20- or 30- year term. ...
Insurance coverage for any risk that can cause physical damage to the insured item. ...
Lien on a given property, such as an person's house as a collateral for a loan. ...
Square footage of space a parcel of land has. ...
The geographic moving of an individual from one region to another usually because of a change in employment. Relocation normally involves the complete moving of the individual's ...
Same as term deed of trust: A document that conveys title to a neutral third party (trustee) during the period in which the mortgage loan is outstanding as collateral for a debt. ...
What is a balcony? A balcony is a platform that extends outwards from the upper level of a building, typically attached to a wall or supported by columns. Balconies can be made of various ...
Something that is hidden or overlooked and may be realized at a later time. For example, an individual's name is improperly spelled on a title deed, and the oversight is not noticed until ...
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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