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.
Participation mortgage - A mortgage in which the lender participates in the income of the mortgaged venture beyond a fixed return, or receives a yield on the loan in addition to the straight interest rate.
and
Portfolio lender - A lender who makes loans with its own funds and keeps the loans on the company's books in other words, inside the institution's "portfolio" rather than selling the loan on the secondary market.
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.
Reverse Mortgage
A reverse mortgage (or lifetime mortgage) is a loan available to seniors, and is used to release the home equity in the property as one lump sum or multiple payments. The homeowner's obligation to repay the loan is deferred until the owner dies, the home is sold, or the owner leaves (e.g., into aged care).
Starting today I have partnered with Next Generation Financial Services is a Division of 1st Mariner Bank. Contact me today to be put in touch with a Loan Specialist to assist you in answering your reverse mortgage questions.
Hernando County Reverse Mortgage
Contact Chris today to be placed in touch with a loan specialist.
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.
Back title letter - A letter that a title insurance company gives to an attorney who then examines the title for insurance purposes.
and
Bankruptcy - A proceeding in which an insolvent debtor can obtain relief from payment of certain obligations. Bankruptcies remain on a credit record for seven years and can severely limit a person's ability to borrow.
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.
Hernando County Reverse Mortgage
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.
Untitled Document
Abstract of title - A concise, summarized history of the title to a specific parcel of real property, together with a statement of all liens and encumbrances affecting the property. The abstract of title does not guarantee or assure the validity of the title of the property. It merely discloses those items about the property, which are of public record, and thus does not reveal such things as encroachments, forgeries, and the like.
and
Ad valorem - Latin for "according to valuation," usually referring to a type of tax or assessment.
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.
Hernando County Homes for Sale
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.
Seller carry-back - An agreement in which the seller provides financing for a home purchase.
and
Shared-equity transaction - A transaction in which two buyers purchase a property, one as a resident co-owner and the other as an investor co-owner.
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.
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Buy or sell your home in Hernando County Florida. Brooksville, Hernando Beach, Spring Hill property search to find your new home. Sign up for emails just listed to find a new home. Exit Success Realty
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