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arizona mortgage lender association web site conforming loan limit is 50 percent higher in Alaska, Hawaii, Guam and the US Virgin Islands. Services provided by real estate agents to customers The customers of real estate brokers are the sellers and arizona mortgage lender association of the real estate to be sold. The sellers and buyers themselves are the principals (definition 2 in the Principal article) in the sale and arizona mortgage lender association estate agents are their agents (law). However, although a real estate agent commonly fills out the real estate contract form, typically real estates agents are not given power of attorney to sign the real estate contract or the deed; the arizona mortgage lender association and seller sign these documents, respectively. The respective real estate agents put themselves down on the contract as the agents for each principal so that they may be able to collect their commission(s). The use of a real estate broker is not a requirement for the sale or conveyance arizona mortgage lender association real estate or for getting a mortgage loan from a lender; although once a broker is used, the lender or its attorney will require that they be paid. Lenders typically have other requirements, though, for a loan: see Closing cost. In spite of the name, real estate has no connection with the concept of reality (in other words, the law does not arizona mortgage lender association real property more "real" than personal property). It derives instead from the feudal principle that in a monarchy, all land was considered the property of the king. Thus originally the term real estate was equivalent to "royal estate", real originating from the French royale, as it was the French-speaking Normans who introduced feudalism to England and thus to the English language; cognate to Spanish real. With the development of private property ownership, arizona mortgage lender association estate has become a major area of business. Purchasing real estate requires a significant investment, and each parcel of land has unique arizona mortgage lender association so the real estate industry has evolved into several distinct fields. Specialists are often called on to valuate real estate and facilitate transactions. Some kinds of |
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