All agents are NOT alike! Find out why we are top real estate experts. Call us: (512)330-9300.

Buyers Want Your Home for as Little as Possible.
Are you thinking of selling your home? You should know exactly what it's worth before making such an important decision.
Find Out More >
View All Offers >

"You were a lifesaver"
"We found the perfect home in one day and by 9:00pm that same night it was ours!"
"Charlie & Sandy Earnhart"
Read Quote >
View All Quotes >

Compare three mortgages at one time. Download TripleCalc now. It's free.

Find Out More >
Download Now >

Linda Bishop and The Bishop Team are some of The Top Selling Real Estate Experts™
Find Out More >

Real Estate Dictionary: West Austin, Southwest Austin and Lakeway Texas home buying, real estate listings, and homes for sale in Travis County, TX

Welcome > Resources > Real Estate Dictionary - A

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
Option	The agreement to keep an offer to purchase or lease open for a specific period of time
Option listing	An agreement by which the broker advertising the property has the right to purchase the listed property himself
Origination fee	A fee paid to the lender for processing a loan application
Owner financing	A property transaction for which the seller provides all or part of the financing to the buyer
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

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...

	About You
* Your Name:
* Your Email Address:
Your Street Address:
City:
State:
Country:
Zip/Postal Code:
Phone:
	Additional Info
Ask Your Question Here!
Send Latest Listings:
Send Latest News:

*Please note that fields marked with an asterisk are required.

Quick Response Guarantee >
We Guarantee Your Privacy >
Free & Without Obligation >

Linda Bishop and The Bishop Team, REALTORŽ, real estate agents and broker for West Austin, Southwest Austin and Lakeway Texas home listings, property and land for sale - NUMBER1EXPERT(tm)

Linda Bishop and The Bishop Team
Barton Harris Realty
8700 Manchaca Road
Suite 603
Austin, TX 78748
Phone: 512-330-9300
Fax: 512-329-9288
Email: thebishopteam@prismnet.com
After working in Real Estate for several years, I have added Matt Harris as my Office/Marketing Manager. I've also brought on Dwayne Gregory (Listing & Buyer Specialist)to round out the team. Becoming a grandmother was decidedly one of my greatest achievements, but only served to fuel my passion for searching and finding the perfect home for my clients and their families. We cherish our clients because not only do they become our friends, they represent success in our professional life as well. We are humbled and greatly appreciate the opportunity to have you join this great group of people whom I have come to consider "My Team".

JB Goodwin REALTORS real estate and homes for sale in West Austin, Southwest Austin and Lakeway Texas

www.TheBishopTeam.com is brought to you by Linda Bishop and The Bishop Team
NUMBER1EXPERTS™ in real estate for West Austin, Southwest Austin and Lakeway, Texas, luxury homes, investment properties

Read our Privacy Guarantee, Terms of Service, and Free & Without Obligation Pledge