Keller Williams Realty - Granato Group would like to thank our sponsors who give our clients their expertise.  With out your upto date knowledge not one of us will succeed.

Terms you should know

            
            Appraisal:  An estimate of real estate value, usually issued to standards of FHA,
             VA and FHMA.  Recent comparable sales in the neighborhood is the most important
             factor in determining value.  This should be contrasted against the home inspection.

            Easement:  The right to use the land of another. 
                  
            Encumbrance:  Anything that burdens (limits) the fee title to property, such as a lien, 
            easement, or restriction of any kind
         
            Mortgage Insurance Premium (MIP):  The amount paid by a mortgagor for 
            mortgage insurance.  This insurance protects the investor from possible loss in the event of 
            a borrower’s default on a loan.

            Survey:  The process by which a parcel of land is measured and its area ascertained. 
            
            Title Insurance:  An insurance policy which protects the insured (purchaser or lender 
            against loss arising from defects in the title).

Sponsored By:  Michelle Wickland  Licensed Real Estate Agent can be reached at 843-247-4437 or MichelleWickland.com
                             

Photos below are of Buffalo in the 1920's.