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Atlanta Real Estate Glossary

Helpful definitions for some common and some not so common real estate terms.

Annual Percentage Rate
The effective interest rate for a loan per year.  This takes into consideration the costs of obtaining the loan.  If it costs you $2000 to borrow $100,000, you effectively are only borrowing $98,000.  So the annual percentage rate is based on the effective loan amount not the total balance.

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All information about homes from the Atlanta MLS home search engine is input by thousands of individual real estate agents throughout Atlanta and is made available through a service called ListingBook. We provide access to this data for the convenience of our clients.  We have no control over this database.  All information on this web site is copyrighted and intellectual property of HomeAtlanta.com. It is deemed to be current and accurate, but is not warranted. 2002. Tim is a licensed Realtor with Atlanta Communities Real Estate Brokerage.

Tim Maitski is a member of the Atlanta Board of Realtors

 

01/07/2016