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 Compare
three mortgages at one time. Download TripleCalc now. It's
free. |
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Joint Ownership Agreement |
An agreement made between two or more owners of
the same property, defining their rights and responsibilities (e.g. recommended
in the case of married owners of property)
See Equity
sharing |
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Joint tenancy, or Tenants by the
entirety |
Ownership of real estate by two or more parties
held jointly for life; if one of the owners dies, the survivor(s) inherit the
property without reference to the deceased's will |
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Judgment |
A decision or decree made by a court of
law |
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Judgment lien |
A claim against the real property of a debtor,
as decreed by the court |
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Jumbo loan, or Non-conforming
loan |
A loan amount that exceeds the limits set by the
Federal National Mortgage Association and the Federal Home Loan Mortgage
Corporation; because such loan cannot be funded by these two agencies, it
carries a higher interest rate |
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Junior mortgage, or Secondary
mortgage |
A mortgage whose claim to repayment is of lesser
priority than another, previously recorded mortgage |
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Did I Miss the Word YOU Are Looking For? Is there a real estate word that I failed to explain here in my dictionary for homebuyers and sellers? Let me be your personal real estate dictionary! I'll send a brief explanation of any word or term that you encounter when buying and selling property. Do you have a suggestion of a real estate word that should be included? Let me know! I always appreciate feedback. Do any of these definitions raise questions for you? Didn't find the word you're looking for? Let me know! I'm happy to answer ANY questions. It's my job! There's no obligation, and I promise to get back to you quickly...
| Q |
What is considered the primary factor distinguishing buyers of prestigious properties from the average home buyer?
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| A |
Financing doesn't worry these buyers; they often put down 40 percent or more or pay cash for a property |
 See More Real Estate Trivia > |
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Harvey Dubov, P.A.
RE/MAX Services
6070 North Federal Highway
Boca Raton, FL 33487
561-542-7355
Fax: 561-912-3501
harveydubov@NUMBER1EXPERT.com
Servicing all of Broward and Palm Beach Counties. We Specialize in Waterfront Properties, Oceanfront Properties, Country Club Communities, Luxury Condominium, Townhmes, Single Family Homes, Investments, and Gated Communities in Boca Raton, Delray Beach, Highland Beach, Ocean Ridge, Gulf Stream, Manalapan, Hillsboro Mile and Surrounding Areas. Whether you are in the Market to Buy or Sell, Call Harvey. He has successfully fulfilled the dreams of thousands of families throughout South Florida. See why so many homeowners have chosen Harvey Dubov to represent them for all their real estate needs.
Currently Awarded RE/MAX PLATINUM CLUB for 2010!! (Top 1% Nationally Elite of the Elite)Awarded Hall of Fame RE/MAX Award 2007!! (Top 1% Nationally ("Elite of the Elite")
Past Awards include: RE/MAX EXECUTIVE CLUB, 100% CLUB, CHAIRMAN'S CLUB and PLATINUM CLUB   
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