Keith Wilson Real Estate

What is an Acre? A measure of land equal to 43,560 square feet, 4840 square yards, 4047 square meters, 160 square rods, or 0.4047 hectare.

What is a Abstract of Title? The condensed history of the title to a particular parcel of real estate.

I will be attending the Bridal and wedding showcase at the Stuart Thomas Manor on Sunday March 18th. 2143 Boundry Ave North Massapequa. Come on down to get all you Real Estate Questions answered.

A Binder is an agreement that may accompany an earnest money deposit for the purchase of real property as evidence of the purchaser’s good faith and intent to complete the transaction.

Adjustable Rate Mortgage ARM. A mortgage loan in which the interest rate increase or decrease at specific intervals, following an economic indicator.

What is Depreciation? In appraisal, a loss of value in property due to any cause, including physical deterioration, functional obsolescence, and external (locational) obsolescence.

What are air rights? The right to use the open space above a property, generally allowing the surface to be used for another purpose.

What is appreciation? An increase in the worth or value of a property due to economic or related causes.