Phoenix, Gilbert and Mesa real estate and homes for sale in Arizona - CurtisJohnsonRealty, REALTORS® CurtisJohnsonRealty REALTORS(r) for Phoenix, Gilbert and Mesa, Arizona real estate - NUMBER1EXPERTS™ CurtisJohnsonRealty NUMBER1EXPERTS(tm) for Phoenix, Gilbert and Mesa, Arizona real estate
View Contact Information for CurtisJohnsonRealty, Realtor(r) serving Phoenix, Gilbert and Mesa, AZ in Maricopa County > Pop-Up Window
Click to Email CurtisJohnsonRealty, REALTOR(r) serving Phoenix, Gilbert and Mesa, AZ in Maricopa County
Login
Site Map
CurtisJohnsonRealty, REALTORŪ, real estate agents and broker for Phoenix, Gilbert and Mesa Arizona home listings, property and land for sale - NUMBER1EXPERT(tm)



Find Out About the Latest Homes for Sale First!
We add our newest homes and other real estate listings to this web site first. It can be some time before they appear in the MLS.
Find Out More >
View All Offers >


Compare three mortgages at one time. Download TripleCalc now. It's free.

Real Estate - Homes - NUMBER1EXPERTS Sell More!
CurtisJohnsonRealty are some of The Top Selling Real Estate Experts™
Find Out More >
Real Estate Dictionary: Phoenix, Gilbert and Mesa Arizona home buying, real estate listings, and homes for sale in Maricopa County, AZ
Welcome > Resources > Real Estate Dictionary - A

A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

L

Land contract

See Contract for deed

Late charge

The penalty a borrower pays when a payment is made after the due date

Lease

A written agreement between the property owner and a tenant that stipulates rent to be paid, as well as the terms under which the tenant may reside in the real estate for a designated period of time

Leasehold estate

The tenant's right to title to a property for a specific period of time whereby the tenant does not actually own the property but has a long-term lease on it

Lease option

A lease that gives the tenant the right to purchase the property, either during the lease term or at its end

Lender's Title Insurance

An insurance policy covering a lender for the loan amount, whereby the coverage declines in amount as the loan is paid off, to the point where there coverage ends when the loan is paid completely

Lessee

The individual or party who takes property upon a lease

Lessor

The individual or party who grants property upon a lease

Liabilities

An individual's financial obligations

Lien

A legal claim or charge allowed to a creditor against a debtor's property that must be paid when the property is sold to transfer title

Life estate

The right to use, occupy and own, for the duration of the life of the individual

Lifetime payment cap, or Lifetime rate cap

The limit on the amount that payments can increase or decrease over the term of an adjustable-rate mortgage (ARM)

Liquid asset

Cash, or an asset that can be readily converted into cash

Liquidated damages

The compensation predetermined by both parties to a contract to be paid to the injured party, should the other party breach the contract

Lis pendens

A legal document filed in either a federal or state court indicating that a suit is pending against property located in the county where the notice is recorded

Listing agreement

A contract by which a broker is employed by the seller to find a buyer for the seller's real estate, according to the seller's terms, and for which service, the broker is paid a commission

Listing broker

A broker whose office initiates the property listing (as opposed to the cooperating broker, whose office negotiates the sale); the listing broker and the cooperating broker may be the same person

Loan origination

The process by which a lender sets up a mortgage loan secured by real property

Loan origination fee

The fee charged by the lender to the borrower for setting up a mortgage loan, usually computed as a percentage of the total mortgage amount

Loan-to-value (LTV) percentage

The proportion of the amount of the mortgage loan against the appraised value or sales price of the piece of property being pledged as collateral; e.g., a home with appraised value of $100,000 but with a $90,000 mortgage has a LTC of 90 percent

Lock-in

A guaranteed interest rate established at the time of closing which is honored if the mortgage closes within a certain period of time, also usually establishing the number of points to be paid at closing as well

Lock-in period

The time period during which the set interest rate is guaranteed to the borrower

Loss Payable Clause

A provision in an insurance policy that provides payment for any loss to two or more parties, as their interest so justifies, the two parties typically being the owner and the lender

Lot

A parcel of land with fixed boundaries as determined by a survey

A B C D E F G H I J K L M N O P Q R S T U V W X Y Z



Did We Miss the Word YOU Are Looking For? 

Is there a real estate word that we failed to explain here in our dictionary for homebuyers and sellers? Let us be your personal real estate dictionary! We'll send a brief explanation of any word or term that you encounter when buying and selling property. 

Do you have a suggestion of a real estate word that should be included? Let us know! We always appreciate feedback. 

Do any of these definitions raise questions for you? Didn't find the word you're looking for? Let us know! We're happy to answer ANY questions. It's our job! There's no obligation, and we promise to get back to you quickly. 

About You
* Your Name:
* Your Email Address:
Your Street Address:
City:
State:
Country:
Zip/Postal Code:
Phone:

Additional Info
Ask Your
Question Here!
Send Latest Listings: What is this?
Send Latest News: What is this?

*Please note that fields marked with an asterisk are required.


Email Us With Confidence
Quick Response Guarantee >
We Guarantee Your Privacy >
Free & Without Obligation >

SEARCH FOR HOMES NOW
SELL YOUR HOME 100% GUARANTEED
REAL ESTATE INVESTORS
NEED HELP NOW

School Reports
See the Nation's Top Rated: School Reports - Public, Private & Charter >



Get Our Latest Listings Before Anyone Else!
As soon as we list another home for sale, we'll email you. You'll know first.
Name:
Email:

Coming Soon.
Find Out More >


Get the Latest Real Estate News, Hot Off the Presses!
If you are buying or selling a home, you need our eNewsletter.
Name:
Email:



CurtisJohnsonRealty, REALTORŪ, real estate agents and broker for Phoenix, Gilbert and Mesa Arizona home listings, property and land for sale - NUMBER1EXPERT(tm)

Curtis Johnson
Curtis Johnson Realty

2680 South Val Vista Dr Suite 122
Gilbert, AZ 85295
480-355-4000
Office: 480-355-4055
Sellers: 480-355-4040
Email: Leads@CurtisJohnsonRealty.com

Curtis Johnson runs a highly successful real estate team at Curtis Johnson Realty. The Wall Street Journal ranked Curtis and his Team # 57 out of 1.2 million REALTORS for their production in 2008 when they sold 300 homes. In 2009, they sold even more homes as they battled through the current housing collapse. His extensive knowledge of the local real estate market makes him an in demand speaker and real estate expert. He constantly analyzes current market conditions and trends to stay one step ahead of others in the field.


Curtis is one of the most in-demand Real Estate Brokers in Arizona because he is relentless about providing only proven, practical, and usable marketing strategies for his clients. Considered a "real estate marketing genius" by his peers, Curtis has built a solid base of satisfied homeowners. His business is based on his aggressive, proprietary "89 Step System" that he and his team use to market their clients homes. By using his cutting edge strategies, home sellers in the Valley of the Sun finally have options for their homes instead of just slapping up a sign and hoping.


Curtis holds several advanced professional designations including GRI, ABR and CRS. His areas of specialization include residential and income properties, relocations, "hard-to-sell" homes, and other challenging sectors of real estate.


As an investor himself, Curtis currently lives what he teaches and practices what he preaches, regarding the impact of real estate investing on net worth. He doesn't just randomly buy and sell homes like on late night TV infomercials. Rather, Curtis considers himself a contrarian when it comes to following the crowd. His passion and philosophy on marketing and building net worth, while minimizing the impact taxes play, is welcome insight to his many clients.


Curtis has been featured on the cover of national magazines like REALTOR Magazine and has been featured in CNN Money Magazine and in many local publications. He has been interviewed locally on virtually every TV station and newspaper. For years on weekend radio, Curtis was the voice of reason trying to make sense of the Arizona housing mess. For this reason, he took local real estate to the radio and fired up the airwaves with his often irreverent, never dull, always brutally honest takes on real estate. His Renegade Real Estate Show on KFYI radio on Sunday mornings was heard by tens of thousands every week for years in the Phoenix area. Curtis kept it fast paced, packed with cutting edge tips and exclusive information, constantly engaging, and occasionally even funny. Curtis did not color within the lines and anything on his mind was fair game, whether it be the next real estate calamity or the next huge opportunity. Truth trumps all.


Curtis has an extensive and unique access to knowledge and trends of the local real estate market. He constantly analyzes current market trends and conditions and militantly stays one step ahead of others in the field. Not only is Curtis a Designated Broker, but Curtis holds several advanced professional designations including Graduate of the REALTOR Institute, Accredited Buyer Representative and the Certified Residential Specialist designation.


Curtis actively participates in sports, recently completing the Rock N' Roll Marathon right here in Arizona, volunteering for projects with community service organizations, and is active in his church. In his leisure, he enjoys sports and spending time with family and friends. He and his wife live in Chandler, AZ, with their three energetic sons.


Curtis Johnson Clients Speak Out


"Above and beyond..."


"The Curtis Johnson Team was GREAT!! They not only seemed to be our Real Estate Team but our friends as well!! They went above and beyond what we expected!! They saved us a ton of time and money!! And being able to look at homes on the computer in our own time was invaluable! Everything they did for us was Top Notch. We realized that they were very busy but they STILL made us feel like they had all the time in the world for us!! They knew what we were after and were able to get it for us, even when we weren't there!! We are 100% for The Curtis Johnson Team!!"


Tasha & Scott Adams, Mesa Arizona


"Our heads are still spinning!!!"


"We wanted to say Thank You for the great job in getting our house sold so fast. Our heads are still spinning at how quickly your "89 Step System" worked for us. Like most everyone else, we had a few friends who were real estate agents and we felt compelled to use one of them, but we remembered the glowing reference you got from our neighbors, whose home you sold in just 3 days!! They had good reason to brag about "their REALTORS".house


The information your Team gave us in the FREE "Maximum Home Value Audit" really helped us get a plan for our home to show in the best light. Like most people we were skeptical of salespeople but your informative presentation was NOTHING like we expected. You were very low pressure - make that NO pressure - and explained exactly what you and your Team would do to get our home sold fast and for top dollar $$. Turns out there is a lot more to getting a house sold than just sticking a sign in the yard and hoping it sells.


We were VERY comfortable in listing our home with your Team, and we are glad to say that we were not disappointed!! The Team actually did us one better than our neighbors!! Amazingly in only 2 and a half days we had several offers on our home!! It goes with out saying that we got exactly what we wanted and needed - 100% of our asking price!!


When you told us that your "89 Step System" would get us the most money in the least amount of time we thought it was just a line!! Not anymore - COUNT US AS BELIEVERS!!


Thanks again for helping us reach our goals!!"


Joe & Melissa Shimanek, Gilbert Arizona


"Out of Town Sellers"


"We wanted to thank the Team for the work they did to help us sell our home so fast. They did an excellent job marketing our home and making us competitive with other homes on the market in our neighbor.


We chose their Team because of their aggressive marketing techniques, persistence, and accuracy. We knew they would get our home sold and we would not have to worry about the hassle or burden. We also knew that if there was ever a problem or concern that we could call them and they would follow through in helping to resolve it.


The Curtis Johnson Team sold our home and got us moved out in one months time, way before we thought we would. They ended up selling our home the FIRST weekend, even while we were out of town!! They took care of everything and we were still able to enjoy our vacation while all we did was discuss the offer with the Team over the phone. The best pert about selling our home was that there were other homes in our neighborhood on the market and ours sold for more than their asking price. THANKS!!


The information The Curtis Johnson Team gave us about how to sell our home fast and for top dollar had our home looking like a "model" rather than just "any" home on the market. We are very happy with the service we were given and will be sure to recommend them to anyone we know looking to buy or sell a home!!


Thanks again!!"


Thomas & Brittney Anderson, Mesa Arizona

ABR CRS GRI MLS REALTOR


Curtis Johnson Realty Arizona Realtors real estate and homes for sale in Phoenix, Gilbert and Mesa Arizona

www.thecurtisjohnsonteam.com is brought to you by CurtisJohnsonRealty
NUMBER1EXPERTS™ in real estate for Phoenix, Gilbert and Mesa, Arizona

Read our Privacy Guarantee, Terms of Service, and Free & Without Obligation Pledge




USA and Canada Real Estate - NUMBER1EXPERT
NUMBER1EXPERT®
© Best Image Marketing and/or its clients.
All rights reserved. All information deemed reliable but not guaranteed.



This Phoenix, Gilbert and Mesa Arizona web site is brought to you by CurtisJohnsonRealty, REALTORŪ















Return to Top >