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

Online real estate listings

• Properties listed for sale on the Internet.

Open house

• A marketing tool in which a listing agent opens a house for view.

Open listing

• A property given to a number of brokers to market at the same time.

Open space

• Undeveloped land or common areas in a planned community reserved for parks, walking paths or other natural uses.

Option

• A situation in which a buyer puts down money for the right to purchase a piece of real estate within a set time period but does not have an obligation to buy.

Oral agreement

• Contractual arrangements that are not in writing and are usually not legally binding.

Original principal balance

• The amount of principal owed on a loan before a borrower makes any payments.

Origination fee

• A fee charged by most lenders--also called points--for processing a loan. A point is 1 percent of the total loan amount.

Overhang

• A protruding structural feature.

Owner financing

• A transaction in which the seller of a property agrees to finance all or part of the purchase

If you are buying or selling a home in Mississauga or Brampton area, you've got to have Martin as your Mississauga Real Estate Agent.   Martin has earned the respect and admiration of his most important critics; his clients.  Martin sells all types of residential properties: houses, condominiums, townhouses and waterfront.