BidRent.com site is FOR SALE

Landlords list them - Tenants bid on them!
"The eBay of rental properties"
This site is 100% FREE. There is no charge to use it or list on it
Why be limited to have auction style bidding on cars and homes and not
rental prices? BidRent.com is the first auction site on the planet that enables
you to set your own price for residential and commercial rentals. Simply
select a home and place a bid on what you feel comfortable paying in rent!
Looking for a roommate?

     Apartments  /  Houses   /  Vacation Rentals  /  Office Space  /  Student Housing
Hello, Guest! (Not you? Sign in) Dont have an account? Sign up for FREE!
List a Property    Account Login    Get a Free Account
Get a customized FOR RENT sign
with your properties website on it!
Learn How
Get a FREE website for your property
every property listed gets a free website!
Learn How
HomepageContact UsAbout UsLink With UsCompany News / PressSuccess Stories
PartnersInvestors Search BrowseReal Estate GlossaryFree Real Estate Forms
   Free Classifieds    Roommates Cash Rebate Program  Message Boards / Blogs 

Get a customized FOR RENT sign for your home
Email Notification List
We email you with new listings
TENANTS: Bid on residential rental prices or commercial leases. Landlords will be notified of your bid and contact you. We ask all landlords to reduce there rental expectations by 25%.
» Tenant Rules
LANDLORDS: List your residential rental or commercial lease for free. Prospective tenants will bid on your property. To insure interest and bidding on your property reduce your rental expectations by 25%.
» Landlord Rules
Why does BidRent.com benefit both landlords and tenants?         • Suggestions? Let us know. Email Us.
Glossary - O
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

Obsolescence
The loss of value due to factors that are outmoded or less useful. Obsolescence may be functional or economic.

Occupancy permit
A permit issued by the appropriate local governing body to establish that the property is suitable for habitation by meeting certain safety and health standards.

Offer and acceptance
Two essential components of a valid contract; a "meeting of the minds."

Office of thrift supervision(OTS)
Monitors and regulates the savings and loan industry. OTS was created by FIRREA.

Open-end loan
A mortgage loan that is expandable by increments up to a maximum dollar amount, the full loan being secured by the same original mortgage.

Offer
A proposal to purchase property at a specified price and terms.

Open House
The common real estate practice of showing "For Sale" homes to the public during established hours.

Open house
An opportunity for prospective buyers to view a house in a low pressure environment.

Open listing
A listing under which the principal (owner) reserves the right to list his property with other brokers.

Option
The right to purchase property within a definite time at a specified price. There is no obligation to purchase, but the seller is obligated to sell if the option holder exercise the right to purchase. For the option to be valid, it must include consideration.

Option fee
An amount of money payed by a prospective Buyer, to a Seller, in order to obtain an option period, as specified in Paragraph 7 of a TREC promulgated earnest money contract. If a Buyer decides to close on the property, the option fee may be credited to his funds at closing.

Option period
Current residential earnest money contracts, promulgated by the Texas Real Estate Commission offer the choice of an option period, under Paragraph 7. During this period, the length of which is negotiable, the Buyer has a right to inspect the property and has an absolute right to terminate the offer/contract for any reason, without penalty. In exchange for this option period, the Buyer pays an option fee to the Seller. If the Buyer decides to continue with the sale of the property, this option fee may be credited to him at closing. Typical option periods run from 7 to 14 days long.

Ordinance
A law adopted by a town or city council, county board of supervisors or other municipal governing board. Typically, local governments issue ordinances establishing zoning and parking rules and regulating noise, garbage removal, and the operation of parks and other areas that affect people who live or do business within the locality's borders.

Origination fee
A fee charged by lenders, in addition to interest, for services in connection with granting of a loan. Usually a percentage of the loan amount.

Original Principle Balance
The total amount of principal owed on a mortgage before any payments are made.

Origination Fee
On a government loan the loan origination fee is one percent of the loan amount, but additional points may be charged which are called "discount points." One point equals one percent of the loan amount. On a conventional loan, the loan origination fee refers to the total number of points a borrower pays.

Ostensible agency
A form of implied agency relationship created by the actions of the parties involved rather than by written agreement or document.

Owner Financing
A property purchase transaction in which the property seller provides all or part of the financing.

Owner's Title Policy
A policy protecting the buyer for the amount of the purchase price in the event of a future title dispute.

Owner of Record
A loss in value of real property caused by changes either internal or external to the property.

[TOP]

Keyword Search
Property Type:
Look In :
              
   
Keywords:
Press here to dynamically open the rss feeds pertaining to BidRent.com
All Rights Reserved © 2000-2017
Houses: View All Cities for Houses
Atlanta House Rentals Austin House Rentals Boston House Rentals Chicago House Rentals
Dallas House Rentals Denver House Rentals Houston House Rentals Las Vegas House Rentals
Los Angeles House Rentals Miami House Rentals Minneapolis House Rentals New Jersey House Rentals
New York City House Rentals Orange County House Rentals Philadelphia House Rentals Phoenix House Rentals
Portland House Rentals Providence House Rentals Sacramento House Rentals San Diego House Rentals
San Francisco House Rentals Seattle House Rentals Washington DC House Rentals West Palm Beach House Rentals
Apartments: View All Cities for Apartments
Atlanta Apartment Rentals Austin Apartment Rentals Boston Apartment Rentals Chicago Apartment Rentals
Dallas Apartment Rentals Denver Apartment Rentals Houston Apartment Rentals Las Vegas Apartment Rentals
Los Angeles Apartment Rentals Miami Apartment Rentals Minneapolis Apartment Rentals New Jersey Apartment Rentals
New York City Apartment Rentals Orange County Apartment Rentals Philadelphia Apartment Rentals Phoenix Apartment Rentals
Portland Apartment Rentals Providence Apartment Rentals Sacramento Apartment Rentals San Diego Apartment Rentals
San Francisco Apartment Rentals Seattle Apartment Rentals Washington DC Apartment Rentals West Palm Beach Apartment Rentals
Vacation Rentals: View All Cities for Vacation Rentals
Atlanta Vacation Rentals Austin Vacation Rentals Boston Vacation Rentals Chicago Vacation Rentals
Dallas Vacation Rentals Denver Vacation Rentals Houston Vacation Rentals Las Vegas Vacation Rentals
Los Angeles Vacation Rentals Miami Vacation Rentals Minneapolis Vacation Rentals New Jersey Vacation Rentals
New York City Vacation Rentals Orange County Vacation Rentals Philadelphia Vacation Rentals Phoenix Vacation Rentals
Portland Vacation Rentals Providence Vacation Rentals Sacramento Vacation Rentals San Diego Vacation Rentals
San Francisco Vacation Rentals Seattle Vacation Rentals Washington DC Vacation Rentals West Palm Beach Vacation Rentals
Office Space: View All Cities for Office Spaces
Atlanta Office Spaces Austin Office Spaces Boston Office Spaces Chicago Office Spaces
Dallas Office Spaces Denver Office Spaces Houston Office Spaces Las Vegas Office Spaces
Los Angeles Office Spaces Miami Office Spaces Minneapolis Office Spaces New Jersey Office Spaces
New York City Office Spaces Orange County Office Spaces Philadelphia Office Spaces Phoenix Office Spaces
Portland Office Spaces Providence Office Spaces Sacramento Office Spaces San Diego Office Spaces
San Francisco Office Spaces Seattle Office Spaces Washington DC Office Spaces West Palm Beach Office Spaces

Free Forms   Real Estate Glossary
Homepage     Contact Us     About Us     Link With Us     Equal Housing Opportunity
Sitemap     Real Estate Resource Links     Report A Bug   News/Blog


U.S. Patent Pending

BidRent.com  |   BidRent.ca  |   BidSell.com  |   BidSell.ca

Copyright 2000-2017. BidRent.com and related logo's are properties of BidRent.com