Keller Williams of Central Pa East
530 Lockwillow Rd
Harrisburg, PA, 17112
Office Phone: 717-533-8000
Laurel’s Mobile: 717.608.3120
[email protected]

Real Estate Hershey Area

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Glossary of Terms - O

 

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
 

 

Obligations
Any debt, or recurring payment the borrower is obligated to pay, including mortgage payments.

Origination fee
A fee imposed by a lender to cover certain processing expenses in connection with making a real estate loan. Usually a percentage of the amount loaned, such as one percent.

Owner financing
A property purchase transaction in which the property seller provides all or part of the financing

Owner occupied
Designation given to property used as the owner's residence.

Owners policy
A policy of the title insurance which protects the buyer against problems with the title.

































Real Estate Hershey Credentials PA Licensed Real Estate Salesperson
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Laurel Schiavoni
Phone: (717) 533-6844
FAX: (717) 298-6421
[email protected]
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