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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. Fill out the form below for a quick response from me by email. It's free, without obligation, and I guarantee your privacy.
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Mark Riggle
RE/MAX Irish Hills
14589 W. US 223
Manitou Beach, MI. 49253
(517) 467-3003
(517) 206-4474
Fax: (517) 467-3006
Email: MarkRiggle@NUMBER1EXPERT.com
I have lived in Southeast Michigan and Northwest Ohio all my life. I have
been a licensed REALTOR since 1978 and have worked in the industry full time
since 1995. The areas surrounding the Irish Hills are among the most
beautiful anywhere, and my love for the lakes and farms is best illustrated
through my business. I have been the number one agent in my company since
1996, and am the top agent in lakefront sales in both Jackson and Lenawee
Counties.* I am involved with my clients personally and am always thrilled
to be part of the realization of their dreams. My dream is to help people
and I believe that dreams are chain reactions, so I put my success to work
in my community. With every one of my transactions, I support Children's
Miracle Network in Southern Michigan. This year I also worked to raise money
for the Komen Race for the Cure to help fund breast cancer research.
Additionally, I work with my church to raise money for our sister church in
Uganda, Africa. I look forward to doing business with you - and for you.   
www.MarkRiggleTeam.com is brought to you by
Mark Riggle
NUMBER1EXPERT™ in real estate for
Irish Hills Area, Brooklyn, Onsted and Manitou Beach, Michigan Read My
Privacy Guarantee,
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and
Free & Without Obligation Pledge
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NUMBER1EXPERT®
© Best Image Marketing and/or its clients.
All rights reserved. All information deemed reliable but not guaranteed.
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