Welcome > Resources > Real Estate Dictionary - A

A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

J, K

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

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

Judgment

A decision or decree made by a court of law

Judgment lien

A claim against the real property of a debtor, as decreed by the court

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

Junior mortgage, or Secondary mortgage

A mortgage whose claim to repayment is of lesser priority than another, previously recorded mortgage

A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

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...

About You


* Your Name:
* Your Email Address:
Your Street Address:
City:
State/Province:
Country:
Zip/Postal Code:
Phone:

Additional Info


Please Enter Your Comments. Thank You For Your Feedback!

Send Latest Listings:

Send Latest News:

*Please note that fields marked with an asterisk are required.

Quick Response Guarantee >
Your Privacy Is Guaranteed >
Free & Without Obligation >

First Time Buyers >Preferences of Buyers

Although every purchase of a home involves a degree of compromise, the process begins with the buyer's preferences. When you are working with a real estate agent, it is important that you give your agent a clear idea which of your criteria are flexible and which items you really must have in your new home. If you prefer a specific location, for example, discuss why you want to live in that neighborhood. The agent might be able to suggest alternatives areas which offer the same amenities or convenience to your office. How important is size? Do you really need four bedrooms or would three bedrooms work, if there is a den for your home office? How much are you willing to correct with redecorating or remodeling? Are you willing to expand your price range by using an adjustable rate mortgage to increase your buying power?

The agent will ask you a lot of questions so that they can use your time most efficiently by showing you houses that meet your criterion as a buyer.

	See All Tips In The "First Time Buyers" Category >
	See Complete Library Of Hundreds Of Tips In 30+ Categories >

Q	What do 84% of homebuyers who use the Internet to search for homes have in common?
A	They use a real estate agent to purchase their home.
See More Real Estate Trivia >

June Seebohm, REALTOR®, real estate agent and broker for Hilton Head Island and Bluffton, South Carolina home listings, property and land for sale - NUMBER1EXPERT

June Seebohm
Keller Williams Realty, Hilton Head Island, SC
8 Lafayette Place
Hilton Head Island, SC. 29926
843-290-2929
843-682-8111
Fax: 843-681-3342
Email: June@AlwaysJune.com
June offers you a degree of personalized service rarely found among Realtors. Through a unique combination of devotion, compassion and good, old-fashioned hard work June has established an excellent reputation among, not only her clients but her peers as well. June is originally from Northern Ireland and has moved many times in the UK and US so she understand very well the kind of stress involved in residential sales and purchase. It's often an intense time of transition for all involved. Also her personal knowledge of building new homes and renovating homes is invaluable. Her high-tech office and staff allow immediate response to phone calls, emails and faxes. She is always "on the other end" of her cell phone. Please call her any time.

www.AlwaysJune.com is brought to you by June Seebohm, real estate for
Hilton Head Island and Bluffton, South Carolina

Beach Communities, Retirement Communities

Read June Seebohm's Privacy Guarantee, Terms of Service, and Free & Without Obligation Pledge