A fee the lender charges to process new records for a buyer who assumes an existing loan. …
Automatic Extension
A clause in a listing contract stating that the agreement will automatically continue for a certain period of time after the expiration date. This is discouraged and prohibited in many states. …
Automatic Flue Damper
A device in the flue of a heating unit that closes to prevent heat loss when the unit is not in operation. …
Average Price
The price of a home determined by totaling the sales prices of all houses sold in an area and dividing that number by the number of homes. …
Avigation Easement
An easement over private property near an airport that limits the height of structures and trees. …
Asking Price
A seller's initial price for a property. …