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Barbara Reynolds, REALTORŪ, real estate agent and broker for Berkeley and Oakland California home listings, property and land for sale - NUMBER1EXPERT(tm)
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Office: 510-845-0211
Direct: 510-273-9318



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Real Estate Dictionary: Berkeley and Oakland California home buying, real estate listings, and homes for sale in Alameda County, CA
Welcome > Resources > Real Estate Dictionary - A

A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

H

Hazard insurance

Insurance protection for specified losses due to natural causes, such as fire, floods, earthquake, tornadoes, and other "acts of God"

Heir

An individual who will potentially inherit an interest in land from someone who dies

Hiatus

A gap or space between two parcels of lands that is not included in the legal description of either parcel

Home equity line of credit, or Home equity loan

A mortgage loan (usually not the primary mortgage) or line of credit which gives the property owner the option to obtain cash advances from the loan proceeds, using his or her residence as collateral, but which is not to exceed a pre-arranged amount of the owner's total equity in the property

Homeowners' association

A nonprofit association of individual owners of units in a multi-unit structure (either a planned unit development, or a condominium) that manages the common areas of that structure. In a planned unit development (PUD) project, the association holds title to the common elements, whereas in a condominium project, it holds no title to the common elements

Homeowner's insurance

An insurance policy available to residential real estate owners that protects homeowners against financial loss from fire, theft, public liability, and other risks

Homestead

Real estate that is owned and utilized as the primary family residence, protected in some states as exempt from the claims of creditors

Homestead deed

A document filed in the land records asserting a homestead exemption, protecting a variable amount of his assets (depending on which state) against the claims of creditors

Housing ratio, or Debt-to-income ratio

The percentage that results from dividing a borrower's housing expenses by his/her gross monthly income, used by the lender to evaluate an applicant's qualification for a loan

HUD-1 statement

The document used in closing a real estate transaction (also known as a "closing statement" or a "settlement sheet") which itemizes the funds that are payable at closing, including broker commissions, loan costs, and escrow amounts, and which provides a summary of the seller's net proceeds and the buyer's net payment at closing. It is required by the US Department of Housing and Urban Development (HUD) whenever federally-related mortgages are being made on residential properties

A B C D E F G H I J K L M N O P Q R S T U V W X Y Z



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Barbara Reynolds, REALTORŪ, real estate agent and broker for Berkeley and Oakland California home listings, property and land for sale - NUMBER1EXPERT(tm)

Barbara Reynolds
Prudential California Realty

2 Tunnel Road
Berkeley
CA 94705
510-845-0211
510-273-9318
Fax: 510-845-2821
barranch@aol.com

Hi there. I'm Barbara Reynolds of Prudential California Realty, covering the Berkeley/Oakland area. I also serve the special East Bay neighborhoods of Piedmont, Albany, Alameda, El Cerrito and San Leandro. But now for the real low-down, I am one of the Top Producers for Prudential in the East Bay. My listings typically sell well above average sale price for the area. As for Buyers, I have a 90 percent success rate in multiple-offer situations, so I can help Buyers not only find a home, but get it. And for those global thinkers out there, I'm in the top 2% nationally of Prudential Real Estate--and a member of the Chairman's Circle of Prudential.


Prudential California Realty real estate and homes for sale in Berkeley and Oakland California

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