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Real Estate Dictionary: Upper Montclair, Glen Ridge and South Orange New Jersey home buying, real estate listings, and homes for sale in Essex County County, NJ

Welcome > Resources > Real Estate Dictionary - A

Open listing	A contract under which the broker is commissioned to find a buyer before the property is sold by the seller or another competing broker
Option	The agreement to keep an offer to purchase or lease open for a specific period of time
Option listing	An agreement by which the broker advertising the property has the right to purchase the listed property himself
Origination fee	A fee paid to the lender for processing a loan application
Owner financing	A property transaction for which the seller provides all or part of the financing to the buyer
Owner's Title Insurance	A policy insuring the full purchase price of a piece of property for the buyer, usually including adjustments for inflation each year up to a maximum of 150% of the original policy amount, the premium for which is payable at the time of closing

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Nancy Sussmann, REALTORŽ, real estate agent and broker for Upper Montclair, Glen Ridge and South Orange New Jersey home listings, property and land for sale - NUMBER1EXPERT(tm)

Nancy Sussmann
Schweppe Burgdorff Realtors
736 Valley Road
Upper Montclair, NJ. 07043
Direct Line: 973 233-2347
Cell: 917 885-2582
Fax: 973 744-7679
Email: nancysussmann@NUMBER1EXPERT.com
Whether youre planning on selling or buying a home, you need a full time professional with a keen sense of the market to guide you through the entire process with confidence and ease.

BUYERS: As a former New Yorker who loves her suburban lifestyle, Im dedicated to helping you find your dream home in suburban Essex County the easiest, fastest, most stress-free way.

SELLERS: Hiring a Realtor should be a business decision. With Schweppe Burgdorffs proven marketing system behind me, I will ensure that you get the most money that the market will bear for your greatest investment.

For several years I co-owned a successful girls couture clothing line based in NYC and sold around the world. With a design and manufacturing background, I bring my business acumen and creativity to the table in every deal. I have very high standards and thats why I am proud to work for a company that is the market leader in West Essex County. Last year we had over 1000 closed transactions while our nearest competitor closed about 350. I am a member of the National Association of Realtors, The West Essex Board of Realtors and The Garden State MLS. I rank among the top 2% in sales productivity among Realtors across the country. I would welcome the opportunity to assist you with all your real estate needs.

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