Buying a Home in Brooklyn- Get to Know these real estate terms
Mortgage- A writtern instrument used to pledge a title to real property to secure payment of a promisory note.
Foreclosure- A foreclosure on real property occurs when an owners does not pay a judgement or lien against a property.
Lien- A claim that a person or instution has against the property of another for a debt , entitling the lien-holder the right to have the lien satisfied.
When you are ready to buy or sell your Brooklyn home feel free to contact me at 917-861-9166. I specialize in assisting sellers and buyers with their Brooklyn Real Estate needs.
Fillmore Real Estate
Licensed Real Estate Associate Broker