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Keller Williams Town Life
25 Washington Street
Tenafly, NJ 07670

Meet Anat Eisenberg

Anat EisenbergAfter hundreds of transactions closed Anat is still passionate about real estate and it shows...

Anat ranked #8 out of 8000+ New Jersey MLS agents with well over $220 million in total sales during the six-year period of 2010-2015. Anat has closed over $415 million in real estate sales over the years.

Anat Eisenberg is the #1 ranked agent in Tenafly for combined sales in 2010-2015 exceeding $145 Million sales.

Bergen County NJ Real Estate Leader
Anat Eisenberg - Tenafly Real Estate Agent

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> Real Estate Terms

Real Estate Glossary

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  • Nail pops   Nails in load-bearing parts of new homes that pop out slightly because of settling of the structure.
  • Needs-based pricing   A seller’s asking price that is based on factors such as the required funds to pay off the mortgage, the cost of remodeling or the purchase of another house.
  • Negative amortization   The situation occurs when a borrower’s monthly payment is not large enough to cover both the principal and interest of a loan. As a result, the outstanding balance of the loan actually grows larger with each payment rather than smaller. Most fixed-rate loans are not subject to negative amortization, but many adjustable-rate mortgages are susceptible.
  • Negative-slope driveway   A driveway that drops from street level to the garage.
  • Neo-traditional planning   Planning of a community that favors the return of new-home development with such traditional features as grid-street patterns, prominent front porches, backyard garages, multi-use buildings and housing clustered near commercial service areas.
  • Net cash flow   Investment property that generates income after expenses such as principal, interest, taxes and insurance are subtracted.
  • Net worth   The worth of a person or company based on the difference between total assets and liabilities.
  • New Urbanism   A community design philosophy that favors the return of new-home development with such traditional features as prominent front porches, backyard garages, multi-use buildings and housing clustered near commercial service areas.
  • Niche   A small recessed area in a wall, traditionally arched at the top.
  • NIMBY (Not In My Back Yard)   The response sometimes given by neighborhoods and communities to proposed changes or development.
  • No cash-out refinance   The amount of the new mortgage covers the remaining balance of the first loan, closing costs, any liens and cash no more than 1 percent of the principal on the new loan.
  • No-competition lots   A lot in which the buyer’s home will be constructed by a particular builder.
  • No-documentation loan   A loan application that does not require verification of income but typically is granted in cases of large down payments.
  • Non-assumption clause   A loan provision that prohibits the transfer of a mortgage to another borrower without lender approval.
  • Non-liquid asset   An asset such as a house that is not easily turned into cash.
  • Non-recurring closing costs   Costs that are one-time only fees for such items as an appraisal, loan points, credit report, title insurance and a home inspection.
  • Note   The legal document that requires a borrower to repay a mortgage at a certain interest rate over a specified period of time.
  • Note rate   The interest rate specified in a mortgage note.
  • Notice of default   A lender’s initial action when a mortgage payment is late and attempts to reconcile the issue out of court have failed.