Real Estate Glossary - R

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Real Estate Agent: Real estate salespeople who are supervised by a real estate broker. Licensed by the state; typically receive income from commissions.

Real Property: Land and buildings as opposed to property or chattels.

RealtorĀ®: A real estate broker or associate active in a local real estate board affiliated with the National Association of RealtorsĀ®.

Recordation: Filing for record in the office of the county recorder.

Refinance: Taking out a new mortgage loan to receive more favorable terms. Generally recommended for fixed-rate mortgages if rates drop below 1 percent of what you're currently paying. However, refinancing can be expensive and time-consuming, so you'll want to consider this action carefully, and to ask yourself how long you plan to own the property.

CALL ME at 678-617-7167 to discuss your Real Estate needs. We are hard working, dedicated and honest in our approach to our clients and the industry as a whole. .

Mark Tidwell 678.617.7167
Linc Realty of Atlanta 678.394.3200

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