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NATIONAL ASSOCIATION OF REALTORS® (NAR)	A real estate trade organization that sets the standards for integrity and honesty within the real estate profession nationwide
Negative amortization	A gradual increase in the balance of a loan or mortgage which occurs because the monthly payments made are too small to cover the entire principal and interest charges; this shortfall amount is added to the remaining balance, resulting in negative amortization
Net listing	The advertisement of the price of property for sale in terms of the net price the seller will receive, once the property is sold, a type of listing which is illegal in many states
Net worth	The total value of all of an individual's assets, minus all liabilities or debts
No cash-out refinance	A transaction for refinancing a mortgage in which the new mortgage amount is limited to the sum total of the remaining balance of the first mortgage, points, closing costs, whatever is required to satisfy any liens that are more than one year old and other funds for the borrower's use (as long as the amount is one percent or less of the principal amount of the new mortgage)
Notary	An individual authorized by law to certify documents and signatures
Note	A legal document that obligates a borrower to repay a loan or owed sum of money at a stated interest rate over a designated period of time

A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

Real Estate Tips First Time Buyers >A Good Start When a real estate agent begins to work with a new buyer, we will sit down with you, ask a number of questions, and listen carefully to your answers. Our purpose during this initial interview is to get a clear idea of what kind of property you are looking for and your approximate price range. We explain how we will function as your representative, what the local market is like, and what we can do to help you locate that perfect home. It is important for you as a prospective buyer to be as clear as possible about your needs. After we have talked and you have decided how much you can comfortably spend, we will know how to facilitate your home search. We won't take you through a three-story colonial with a top floor master suite if you want to avoid climbing up and down stairs! Establishing clear communication with our clients helps us save you hours of unfocused house hunting. See All Tips In The "First Time Buyers" Category > See Complete Library Of Hundreds Of Tips In 30+ Categories > Real Estate Trivia Q  What country of the world has the highest percentage of private housing? A  Mongolia, where 100% of all properties are owner-occupied. See More Real Estate Trivia >

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Roxanne DeBerry Keller Williams Realty-Plano 3608 Preston Rd. Ste. 230 Plano, TX. 75093 Agent Phone: 214-676-8040 Voice Mail: 972-733-9250 Office Phone: 972-943-7377 Email: rdeberry@realtor.com Roxanne DeBerry has over 20 years of real estate experience in Dallas and Collin county. She is committed to staying on top of the real estate market at all times through continued growth and state of the art technology. Call Roxanne DeBerry today! Her professional team will give you that personal touch in your real estate needs! For true professional results in buying or selling real estate, put the 3R's to work for you: Roxanne + Real Estate = Results www.roxannedeberry.com is brought to you by Roxanne DeBerry, real estate for Allen, Plano and North Dallas, Texas Read Roxanne DeBerry's Privacy Guarantee, Terms of Service, and Free & Without Obligation Pledge

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