Interested in buying or selling Hernando County Real Estate in the near future?
Do you understanding the sometimes confusing real estate terminology?
The process can sometimes be complex and overwhelming. To assist you in feeling more comfortable with the real estate process, I am sharing real estate terms and their meaning. This should aid you in the process of buying or selling your next home.
CAP RATE (CAPITALIZATION RATE) - The percentage selected for use in the income approach to valuation of improved property. The cap rate is designed to reflect the recapture of the original investment over the economic life of the improvement, to give the investor an acceptable rate of return (yield) on the original investment, and to provide for the return on borrowed capital.
and
CHAIN OF TITLE - The recorded history of matters which affect the title to a specific parcel of real property, such as ownership, encumbrances and liens, usually beginning with the original recorded source of the title.
For a complete list of real estate terms or for information on Hernando County Real Estate visit.
Working with Buying or Sellers in Spring Hill, Brooksville, Ridge Manor, Weeki Wachee, Hernando Beach and Pine Island Florida. Visit my site below to search for property or sign up to receieve emails of just listed property.
Chris Frantz
Exit Success Realty
13111 Spring Hill Dr
Spring Hill Fl 34609
352-686-2222.
Interested in buying or selling Hernando County Real Estate in the near future?
Do you understanding the sometimes confusing real estate terminology?
The process can sometimes be complex and overwhelming. To assist you in feeling more comfortable with the real estate process, I am sharing real estate terms and their meaning. This should aid you in the process of buying or selling your next home.
OFFICE EXCLUSIVE - A listing in which the seller refuses to submit the listing to Multiple Listing Service, even after being informed of the advantages of MLS, and signs a certification to that effect.
and
OVERIMPROVEMENT - An improvement which by reason of excess size or cost is not the highest and best use for the site on which it is placed.
For a complete list of real estate terms or for information on Hernando County Real Estate visit.
Working with Buying or Sellers in Spring Hill, Brooksville, Ridge Manor, Weeki Wachee, Hernando Beach and Pine Island Florida. Visit my site below to search for property or sign up to receieve emails of just listed property.
Chris Frantz
Exit Success Realty
13111 Spring Hill Dr
Spring Hill Fl 34609
352-686-2222.
Interested in buying or selling Hernando County Real Estate in the near future?
Do you understanding the sometimes confusing real estate terminology?
The process can sometimes be complex and overwhelming. To assist you in feeling more comfortable with the real estate process, I am sharing real estate terms and their meaning. This should aid you in the process of buying or selling your next home.
GOVERNMENT SURVEY - A system of land description in which large blocks of land are divided into tracts bounded by imaginary lines conforming to the true meridian.
and
NEGOTIABLE INSTRUMENT - Any written instrument which may be transferred by endorsement or delivery so as to vest legal title in the transferee.
For a complete list of real estate terms or for information on Hernando County Real Estate visit.
Working with Buying or Sellers in Spring Hill, Brooksville, Ridge Manor, Weeki Wachee, Hernando Beach and Pine Island Florida. Visit my site below to search for property or sign up to receieve emails of just listed property.

The Hernando County Real Estate Market Average Sales price dropped back from gains made in July of this year. The market is still up over the past five months from the yearly low in Feb 2008.
Average sales price vs average list price of homes sold.
The listing variance is up to it's highest in 20 months. Sellers are accepted lower offers than in previouse months to make the sale. Continuing the trend of a buyers market.
Listing price variance
For more information on your community or an assesment of the current market value of your proprety. Contact:
Chris Frantz
Exit Success Realty
13111 Spring Hill Dr.
Spring Hill, Florida 34609
Hernando County Real Estate
Spring Hill Real Estate
*information deemed reliable but not guaranteed.
The Hernando County Real Estate Absorption Rate for August 2008.
ABSORPTION RATE - An estimate of the rate at which a particular classification of space - such as new office space, new housing, new condominium units and the like - will be sold or occupied each year.
The absorption rate for the Hernando County Real Estate continues to adjust with the quanitiy of listings available and sales each month.
The inventory for August is around 2 years for Existing Homes.
*information deemed reliable but not guaranteed.
For more detailed information on your neighborhood or community contact Chris at
Chris Frantz
Exit Success Realty
13111 Spring Hill Dr
Spring Hill Florida 34609
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