Real Estate Glossary

What is Binder?

A temporary agreement that outlines the terms of a real estate transaction, including the purchase price and any contingencies. A binder may be used to hold a property while a more formal contract is prepared.

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Beycome Family of Companies: Beycome Mortgage LLC provides home loans; Beycome Brokerage Realty LLC, Beycome Brokerage Realty Inc., and Beycome of Florida LLC provide real estate services; Beycome Title of Florida LLC provides title insurance services. These are separate entities under Beycome Corp., each governed by its own management as required by law, but all owned by the same individuals, forming a business relationship.
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