New York Real Estate Glossary B
(Beveled Siding - Blended Rate)
A1 | A2
| A3 | A4 | B1 | B2 | B3
| C1 | C2 | C3
| D1 | D2 | E1
| E2 | F1 | F2
| F3 |
G1 | G2 | H1
| H2 | I1 | I2
| J | K | L1
| L2 | L3 | M1
| M2 | M3 | N
| O1 | O2
| P1 | P2 | Q
| R1 | R2 | S1
| S2 | T1 | T2
| U | V1 | V2
| W1 | W2 | X
| Y | Z
Also known as clapboard, this siding, which is angled, consists of long
Price a purchaser is willing to pay for a certain item.
Time between asking for a bid and when it is due to be received.
Multiple offers to purchase a piece of property or a house or competition
between realtors for the listing of a piece of property or house.
A reciprocal contract in which the parties involved give mutual promises.
Agreement between broker and seller agreeing on mutual performance,
the broker to advertise at the agreed upon terms and the seller to sell
the listed property. It may also mean listing two separate realtors.
Bill of Material
Listing of parts of an item as shown in a drawing.
Bill of Sale
A document transferring ownership.
Mortgage that is paid every two weeks, rather than monthly, thus repaying
the loan more quickly.
Iron without any finish on it, which is really gray-black in color.
Blanket Insurance Policy
Insurance policy covering multiple persons or pieces of property.
A mortgage covering more than one property owned by the same owner.
Mortgage refinancing in which the new interest rate takes into account
the interest rate on the prior loan and the prevailing current market
Interest rate of a blended loan, which exceeds the rate on the old loan
but is less than the rate on new loans.