Definition of "Window"

Michael Hall real estate agent

Written by

Michael Hallelite badge icon

William Raveis Real Estate

Opening in the wall of a structure to let in air and light.

Comments for Window

Melanie Melanie said:

What does it mean when a realtor tells you "your window is small"?

Dec 05, 2019  20:27:15

 
Real Estate Agent

Hey, 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  09:47:42
 
 
image of a real estate dictionary page

Have a question or comment?

We're here to help.

*** Your email address will remain confidential.
 

 

Popular Real Estate Terms

Not sure about something such as suspecting the truthfulness of statements made by a real estate agent. Stipulation in a deed giving the grantor some retained privilege or right in the ...

Loan in which two or more lenders participate in the total financing of a single mortgage. The lenders in a piggyback loan do not necessarily have equal shares. ...

A strong piece of lumber at least two-by-four. It is used for studs and beams to hold a building or structure up. The structure is in effect, attached to, or built onto the structural ...

The addendum definition is an attachment, clause, or section added to an agreement or contract specifying additional terms, conditions, or requirements to the original agreement or ...

See estoppel. ...

As a legal term, abandonment defines a deliberate renunciation of rights to an asset or a business relationship. What does abandonment mean in real estate? In real estate, abandonment, ...

Net operating income (NOI) of property relative to its market value. If rental income property worth $1,000,000 results in NOI of $100,000, the overall return is 10%. NOI compared to ...

The definition of abatement is a reduction of penalties or a tax deduction for individuals or businesses. It can often be accessed upon an overpayment of taxes, if the company or individual ...

Also called interim financing. A mortgage that provides the funds necessary for the building or construction of a real estate project. The project can be a residential subdivision, a ...

Popular Real Estate Questions