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.
Passive loss - A tax term that refers to any loss from a passive activity, such as the ownership but not the operation of a piece of rental real estate.
and
Periodic tenancy - A leasehold estate, which continues from period to period, such as month-to-month, year-to-year. All conditions and terms of the tenancy are carried over from period to period, and continue for an uncertain time until proper notice of termination is given.
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.
Passive loss - A tax term that refers to any loss from a passive activity, such as the ownership but not the operation of a piece of rental real estate.
and
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.
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.
In the constantly changing real estate market buyers and sellers need to ensure they have every advantage. Being comfortable and knowledgeable with the process is important to understand the entire real estate transaction. One step is to ensure you understand common terms that are used when buying, selling or obtaining a mortgage. To assist you with the real estate process, I am sharing real estate terms and the meaning.
Basis point - A basis point is 1/100 hundredth of one percentage point. For example, the difference between a loan at 8.25 percent and a mortgage at 8.37 percent is 12 basis points.
and
Partial release - A clause found in a mortgage, which directs the mortgagee to release certain parcels from the lien of the blanket mortgage upon the payment of a certain sum of money.
and
Capital improvement - Any structure, which is erected as a permanent improvement to real property; any improvement, which is made to extend the useful life of a property, or to add to the value of the property.
A complete glossary list can be found on my sites that offer additional information on Homes for Sale in Hernando County or Spring Hill.
Chris Frantz
Exit Success Realty
13111 Spring Hill Dr
Spring Hill Fl 34609
Hernando County
352-686-2222.
As a licensed Realtor I specialize in working with Buying and Sellers in Spring Hill, Brooksville, Ridge Manor, Weeki Wachee, Hernando Beach in the Hernando County Real Estate Market. Sign up to receive emails of homes as the are listed, short sales, foreclosures and land sales
In the constantly changing real estate market buyers and sellers need to ensure they have every advantage. Being comfortable and knowledgeable with the process is important to understand the entire real estate transaction. One step is to ensure you understand common terms that are used when buying, selling or obtaining a mortgage. To assist you with the real estate process, I am sharing real estate terms and their meaning.
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
Certificate of sale - A document issued at a judicial sale, which entitles the buyer to receive a deed after court confirmation of the purchase of the property.
A more complete list and glossary can be found on both of my sites that offer additional information on Homes for Sale in Hernando County or Spring Hill.
Chris Frantz
Exit Success Realty
13111 Spring Hill Dr
Spring Hill Fl 34609
Hernando County
352-686-2222.
As a licensed Realtor I specialize in working with Buying and Sellers in Spring Hill, Brooksville, Ridge Manor, Weeki Wachee, Hernando Beach in the Hernando County Real Estate Market. Sign up to receive emails of homes as the are listed, short sales, foreclosures and land sales
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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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