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Real Estate Glossary

What does Non-Recurring Closing Costs mean?

Non-recurring closing costs are one-time expenses that are incurred when purchasing a property, such as title insurance, appraisal fees, and legal fees. These costs are not part of the ongoing expenses of owning the property and are typically paid at the closing of the sale.

Appreciation

Closing Statement

Eviction

Experian

Fiduciary duty

Finder's Fee

Incurable Defect

Inspection report

Mixed-Use Development

Pest-Control Inspection

Purchase Agreement

Real Estate Settlement Procedures Act

Return On Equity (ROE)

Schematic Designs

Seller Broker

Standard Payment Calculation

Tap Fees

Zero-Lot Lines

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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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Beycome fully supports the Equal Housing Opportunity laws.

Artur

Real Estate Assistant