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Real Estate Glossary

What does Money Market Account mean?

A money market account is a type of savings account that typically offers a higher interest rate than a traditional savings account. This type of account is FDIC-insured and offers check-writing ability and access to your funds through a debit card or check. They often have higher minimum balance requirements and limited transactions per month. The account is intended for short-term savings and cash management.

Acre Foot

Building Code

Caveat Emptor

Contract For Deed

Federal National Mortgage Association

General Plan

Hours of Operation (In a Lease)

Investment Property

Prepaid Interest

Property Value

Proration

Radon disclosure

Repossession

Resale Value

RESPA

Restructured Loan

Trans-Union

Underwriting

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Beycome Family of Companies: Beycome Mortgage LLC provides home loans; Beycome Brokerage Realty LLC, Beycome Brokerage Realty Inc., and Beycome of Florida LLC provide real estate services; Beycome Title of Florida LLC provides title insurance services. These are separate entities under Beycome Corp., each governed by its own management as required by law, but all owned by the same individuals, forming a business relationship.
Beycome Corp. holds real estate brokerage licenses in Multiple States: Beycome of Florida LLC is licensed in FL. Beycome Brokerage Realty Inc is licensed in CA. Beycome of Connecticut in CT. Beycome Brokerage Realty LLC is licensed in AL, GA, IL, IN, MI, MN, NC, OH, SC, TN and TX.
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IDX© information is provided exclusively for consumers’ personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate.

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Broker Compensation is fully negotiable and is not fixed, controlled, recommended, or suggested by law or any multiple listing service or association of REALTORS®.
Beycome fully supports the Equal Housing Opportunity laws.

Artur

Real Estate Assistant