ALISO VIEJO, Calif., (PRWEB) November 19, 2005
Version 1.0 of a brand new online glossary for real estate terms was launched today. This new glossary features more than 1,000 real estate terms and can be accessed at no cost at http://www.RealEstateWords.com. Unlike other paid business tools, http://www.RealEstateWords.com is a free service that every agent will want to add to their favorites list.
Definitions for real estate terms were specifically provided in a short, concise and easy to understand method. For example the real estate term Loan-to-value ratio is defined as “The amount of mortgage debt that a lender can or may loan to a borrower compared to the market or appraisal value of a property being pledged as collateral expressed as a percentage.”
“Often people are more confused after reading a definition than before they began reading it,” says Dr. Martin Oliver a spokesperson for RealEstateWords.com. “Our goal is to provide easy to understand explanations to frequently referenced real estate terms that offer answers, not add to the confusion.”
So if your are a real estate agent cramming for a real estate licensing exam and in need of a definition of a specific real estate term, or a home buyer or seller reviewing a contract, now there is one handy place to go – http://www.realestatewords.com/