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Real Estate Dictionary: McAlester, Ada, Hugo and Eufaula Oklahoma home buying, real estate listings, and homes for sale in Pittsburg, McIntosh County, OK

Welcome > Resources > Real Estate Dictionary - A

NATIONAL ASSOCIATION OF REALTORS^® (NAR)	A real estate trade organization that sets the standards for integrity and honesty within the real estate profession nationwide
Negative amortization	A gradual increase in the balance of a loan or mortgage which occurs because the monthly payments made are too small to cover the entire principal and interest charges; this shortfall amount is added to the remaining balance, resulting in negative amortization
Net listing	The advertisement of the price of property for sale in terms of the net price the seller will receive, once the property is sold, a type of listing which is illegal in many states
Net worth	The total value of all of an individual's assets, minus all liabilities or debts
No cash-out refinance	A transaction for refinancing a mortgage in which the new mortgage amount is limited to the sum total of the remaining balance of the first mortgage, points, closing costs, whatever is required to satisfy any liens that are more than one year old and other funds for the borrower's use (as long as the amount is one percent or less of the principal amount of the new mortgage)
Notary	An individual authorized by law to certify documents and signatures
Note	A legal document that obligates a borrower to repay a loan or owed sum of money at a stated interest rate over a designated period of time

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The Sandy Brock Bahe & Bob Bahe Team
SIGNATURE Real Estate Services
1405 S. George Nigh Expressway
McAlester, Oklahoma 74501
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Southeast Oklahoma's 1st and Leading NUMBER1EXPERT!

Teamwork, Honesty, Professionalism and Commitment to Excellence... These are the disciplines that have made The Sandy Brock Bahe Team one of the most respected and award winning teams in Eastern Oklahoma. Real Estate is a family affair for this wife and husband team. As you are welcomed into the family business you will have Sandy and Bob, and their entire team of professionals working for you. Our goal is to supply you with the most professional and heart felt services that provide you with a truly pleasant and stress free real estate experience.
Sandy Brock Bahe, Broker/President is a proven professional with many outstanding accomplishments such as; the #2 producer in 2001 for the State of Oklahoma with a leading international real estate franchise and consistently leads the McAlester Area in innovative marketing systems. Sandy has been chosen by her peers to serve the Southeastern Oklahoma Association of Realtors in several capacities including Treasurer and is currently serving the board as State Director. Sandy has been serving the southeast Oklahoma Area for the past twelve years.
Bob Bahe, Broker/Vice-President/ALC has 20 years of experience as a business consultant, which included being a real estate Broker. During his real estate career Bob closed over 600 real estate transactions in a five-year period and was recognized as the #1 producer in that market. The Sandy Brock Bahe Team is devoted to helping you meet all your real estate needs. Their loyalty, integrity and commitment are unquestioned. Their knowledge and experience in real estate is exceptional. Let Sandy, Bob, and the entire Sandy Brock BaheTeam help you to experience your dreams.

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