Stan Shawn | 604.306.4911 | REALTOR® for Vancouver


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Glossary of Real Estate terms - M

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A B C D E F G H J L M O P R S T U V W Z

Market Value

The price a property will sell for, given reasonable time and market exposure, to a willing buyer from a willing seller. Comparable recent sales and current listings can be used to help determine a property's probable market value range.

Mortgage

A legal document that pledges a property to the lender as security for payment of a debt.

Mortgage Broker

A mortgage company that places mortgage loans on behalf of clients, with a variety of other lending institutions with whom they usually have pre-established relationships. TMG The Mortgage Group is one such company.

Mortgage Lender

A Bank, Credit Union, Trust Company, life insurance company or private company that lends money on the security of land, houses, and real estate.

Mortgagee

The lender in a mortgage agreement.

Mortgagor

The Borrower who grants a mortgage against his property to the lender to secure a mortgage loan.

Mortgage Loan

A loan agreement where the security is the borrower's real property. The mortgagor (borrower) agrees to repay the loan, and interest, and during the term of the mortgage (lender) to keep the home insured, to pay all taxes and to keep the property in good condition.

Mortgage Application Fee

The fee charged by the mortgage lender for preparing a mortgage application, conducting credit checks, etc.

Multi-family Dwelling Units

Properties that provide separate housing units for more than one family, although they secure only a single mortgage.

Multiple Listing Service® (MLS®)

A current and comprehensive listing system for relaying property information to the various real estate boards' member REALTOR®. This service offers the widest exposure to properties listed for sale.

Stan Shawn REALTOR® For Vancouver
If you own real estate that you're thinking of selling, call today for a free Market Evaluation with no obligation. In today's competitive real estate market, timing is everything. Many good properties are sold before they are even advertised. Beat other homebuyers to the hottest new homes for sale in Greater Vancouver with Stan’s New Listings Notification. Whether you are buying or selling a home or commercial real estate, hire Stan Shawn and make the best move!
Stan works effectively for his clients by combining sharp negotiating and marketing skills with a thorough knowledge of the real estate market. Because of his caring and pleasant personality, Stan's clients enjoy the process almost as much as the great results he produces on their behalf. It is because of these qualities that most of Stan's past clients have been happy to recommend him to their friends and relatives when they have required the services of a real estate professional.
We invite you to contact Stan as he'd be pleased to assist you with this important transaction. In addition, if you have any general questions about buying or selling real estate in the Lower Mainland of British Columbia, do not hesitate to Stan at (604) 306-4911. Date of last site update [ 11/2/18 ]

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