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Real Estate Dictionary: Bronxville, Yonkers and Eastchester New York home buying, real estate listings, and homes for sale in Westchester County, NY

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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Priscilla Toomey, REALTORŽ, real estate agent and broker for Bronxville, Yonkers and Eastchester New York home listings, property and land for sale - NUMBER1EXPERT(tm)

Priscilla Toomey
Bronxville-Ley Real Estate
17 1/2 Park Place
Bronxville, NY, 10708
Cell:: 914-559-8084
Office:: 914-337-1234 ext. 568
Fax: 914-337-0304
ptoomey@NUMBER1EXPERT.com
Priscilla Toomey brings to Bronxville-Ley an extensive background in several areas of real estate. For 11 years, she served as General Counsel of one of Americas leading relocation firms, where she advised in excess of 20,000 home sales and purchases yearly.

With over 400 corporate clients Priscilla was responsible for changes to the tax law which preserved favorable income tax treatment for employees nationwide. She has written 2 books and many articles regarding getting the highest price for your home and making your home sale transition as easy as possible.

Priscilla has been President of Burlington Realty Asset Management since 1997, investing in and managing multiple family homes. She is a graduate of Hunter College of the City University of New York, Phi Beta Kappa, and of the University of Virginia Law School. She holds Brokers Licenses in Connecticut as well as New York and has been designated a Senior Certified Relocation Professional since 1990.

Priscilla has served her community in various capacities, from the Board of Directors of the YWCA to President of her street association to Co-Chair of Friends of the Performing Arts at her daughters school. Priscilla has also lived in Canada for extended periods and traveled to Russia with the Experiment in International Living. She was a Gold Award winner for 2005 (top 20% company-wide)and a Platinum Award winner for 2006 and 2007(top 10% company-wide) at her former company.

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NUMBER1EXPERT™ in real estate for Bronxville, Yonkers and Eastchester, New York, Luxury homes

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