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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Ellen Wilner, REALTOR Coldwell Banker 7272 Wisconsin Ave Bethesda, MD. 20818 Direct Office Number: 301-634-4184 Cell: 202-431-6365 Main Office: 301-718-0010 Fax: 301-941-2326 Email: Ellen@EllenWilner.com
Ellen Wilner ranks in the top 1% of Realtors nationwide. She has been the top producer in Coldwell Banker's highly productive Bethesda Downtown office for the past five years. Ellen is well known for her upbeat attitude and sense of humor, as well as her high level of service, experience and integrity. Ellen provides complimentary architectural consultations through her husband, an award winning area architect. Ellen serves Maryland, DC and Northern Virginia and is especially knowledgeable in the river communities from Potomac to Georgetown, including Glen Echo, Cabin John and the Palisades.
- NUMBER1EXPERTS™ 
