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Real Estate Dictionary: Westfield, Scotch Plains and Cranford New Jersey home buying, real estate listings, and homes for sale in Union 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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Susan Massa, CRS SRES ABR Broker, REALTORŽ, real estate agent and broker for Westfield, Scotch Plains and Cranford New Jersey home listings, property and land for sale - NUMBER1EXPERT(tm)

Susan Massa, CRS SRES ABR Broker
Burgdorff ERA Realtors
600 North Avenue
Westfield, NJ. 07090
Phone: 908-233-6679
Phone 2: 908-233-1881
Cell: 908-400-0778
Fax: 908-233-7323
Email: susanmassa@NUMBER1EXPERT.com
email: smassa5207@aol.com
email: Susan@NJhomeShowcase.com
Susan Massa is a lifelong and fourth generation resident of the Westfield area. With more than 15 years of experience as a real estate broker, Susan is a terrific source of knowledge about area architecture, education, folklore, history, preservation, recreation, shopping, restaurants, economic development, real estate information and relocation to or from New Jersey. A graduate of Kentucky Wesley College, Susan has a Bachelor of Arts degree in marketing management. She also attended Fairleigh Dickinson University in Madison and Monmouth University in Long Branch for graduate studies in business, marketing and finance. A consistent top producer in sales combined with her outstanding marketing skills earned Susan membership in the prestigious New Jersey Association of Realtors (NJAR) Distinguished Sales Club. She received that honor for over ten years of membership in the NJAR Million Dollar Sales Club (Gold Level, 1987; Silver Level, 1986; Bronze Level, 1983, '85, '88, '92, '94-'97), and Circle of Excellence 2002. A strong commitment to the community, the public and the real estate industry has seen Susan honored with multiple awards including NJAR Realtor Associate of the Year, NJAR Community Service Award and Westfield Community Service Award.

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