Real Estate Glossary



  Effective Gross Income

Normal annual income including overtime that is regular or guaranteed. The income may be from more than one source. Salary is generally the principal source, but other income may qualify if it is significant and stable.

 

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Stephanie Smith, REALTOR,
Westfield, New Jersey Real Estate
Antique & Historic Homes
Corporate Relocation
Beach & Waterfront Properties
Coldwell Banker Residential Brokerage,
209 Central Avenue,Westfield, New Jersey 07090

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