Stan Shawn | 604.306.4911 | REALTOR® for Vancouver


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Glossary of Real Estate terms - B

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A B C D E F G H J L M O P R S T U V W Z

Base rate or Prime Rate

Generally the lowest interest rate charged by a lender to its most preferred customers. Some loans are expressed as being "X" percentage points above Prime Rate. The Base or Prime Rate plus the percentage agreed upon are used to determine the amount of interest due on a variable rate mortgage loan.

Bi-weekly Mortgage

A mortgage in which you make payments every two weeks instead of once a month. The basic result is that instead of making twelve monthly payments during the year, you make thirteen. The extra payment reduces the principal, substantially reducing the time it takes to pay off a mortgage.

Blended Payment Mortgage

A mortgage with blended payments of principal and interest, generally resulting in the same monthly payment over the term of the loan.

Buyer's Agency Contract, Exclusive

A contract between a REALTOR® and a buyer, where the agent has declared to represent only the buyer in a transaction, regardless of whether compensation is paid by the buyer or the listing broker through a commission split. The buyer is also declaring to engage the REALTOR® exclusively for a specific period of time and for a specific geographical region.

Stan Shawn REALTOR® For Vancouver
If you own real estate that you're thinking of selling, call today for a free Market Evaluation with no obligation. In today's competitive real estate market, timing is everything. Many good properties are sold before they are even advertised. Beat other homebuyers to the hottest new homes for sale in Greater Vancouver with Stan’s New Listings Notification. Whether you are buying or selling a home or commercial real estate, hire Stan Shawn and make the best move!
Stan works effectively for his clients by combining sharp negotiating and marketing skills with a thorough knowledge of the real estate market. Because of his caring and pleasant personality, Stan's clients enjoy the process almost as much as the great results he produces on their behalf. It is because of these qualities that most of Stan's past clients have been happy to recommend him to their friends and relatives when they have required the services of a real estate professional.
We invite you to contact Stan as he'd be pleased to assist you with this important transaction. In addition, if you have any general questions about buying or selling real estate in the Lower Mainland of British Columbia, do not hesitate to Stan at (604) 306-4911. Date of last site update [ 11/2/18 ]

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