Mortgage loan on which the interest rate falls and rises with changes in prevailing rates. The mortgage rate is tied to a selected index and may be adjusted annually. Also called a variable rate mortgage.

Stipulation in a mortgage agreement that allows the lender to demand immediate payment of the entire loan balance if any scheduled payment is missed.

By Stefan Swanepoel RISMEDIA, July 6, 2007—Over the next five years, as the globalization of property ownership and generational mobility blend and shape the world, we are going to see a smorgasbord of foreign companies, both online and offline, become active in the U.S. real estate industry. Many leading U.S. brokerages, especially national franchises, have not only been working with international buyers for many years, but have also aggressively expanded their reach into foreign markets. Brands such as RE/MAX, ERA, Century 21, Realty Executives, Coldwell Banker and Realty World are already shaping the real estate landscape on most continents around the globe. Still this has strangely enough been almost exclusively a one-way street. Although

By Frank C. Bucaro RISMEDIA, June 19, 2007-Let's face it, a major challenge to the sales process is that it is often difficult to put the time and energy that goes into developing quality, long-standing relationships with every potential customer. More often, it is much easier to service the customer, make the sale, or accept their rejection and move on. Achieving and surpassing your goals determines success, not the 'warm and fuzzies' of building a relationship with prospects and clients, right? Wrong! If you continually strive to build a relationship with potential or current clients, you'll find that even the toughest objections may not be the end of the relationship. Today's marketplace presents aggressive

RISMEDIA, June 19, 2007-Prudential California Realty, Prudential Nevada Realty, Prudential Texas Properties

Brought to you by the NAR Real Estate Services Initiative and RISMedia's Power Broker Network Report By Ken Trepeta RISMEDIA, June 18, 2007-On the education front, NAR has undertaken

RISMEDIA, June 5, 2007-Picture this: ocean waves are crashing, the sun is beaming, and your children? are attempting to construct a sandcastle of grand proportions. Now look more closely at the beach blanket in this mental image . . . are you on it? For many busy entrepreneurs, this idealistic scenario sounds great, but it just isn't in the cards. There always seems to be something going on with the business-a problem to handle or a new customer to please-and you just don't feel you can take a summer vacation, or for that matter, spend any time away from your company

For many agents, business planning is a lot like eating broccoli. It’s one of those things that we all know we should be doing, but somehow it remains on our plate without ever actually making it into our body. And yet, who can argue with a healthy discipline that ensures the future financial welfare of our business? There’s only one problem: for the average agent, it’s not the most exhilarating experience known to man. But it can be. Your business plan is the best crystal ball you have. How exactly is that, you might ask? The end must be at both the heart and the beginning of every business plan. A useful plan fosters a certain degree of prescient thinking, and that’s where the challenge – and the fun – arises.

Zone – The area set off by the proper authorities for a specific use or in an area subject to certain restrictions or restraints. ...

Yard – A unit of measurement that is 3 feet long. ...