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.
EQUITY - That interest or value remaining in property after payment of all liens or other charges on the property. A owner's equity is normally the monetary interest over and above the mortgage indebtedness.
For a complete list of real estate terms or for information on Hernando County Real Estate visit.
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.
HOMEOWNER'S ASSOCIATION - A non-profit association of homeowners organized pursuant to a declaration of restrictions or protective covenants for a subdivision, a PUD, or a condominium.
For a complete list of real estate terms or for information on Hernando County Real Estate visit.
I have prepared a detailed graph on the monthly variance between list price and sales price of homes sold in the Hernando County Real Estate Market. The variance is at the highest in 20 months and show that sellers are accepting less for their property. While homes sold in Hernando County have shown a continued drop from the 12 month high in May. This data shows that a properly priced home is important in todays market conditions.
*information deemed reliable but not guaranteed.
For a complete list of real estate terms or for information on Hernando County Real Estate. Or for informatino on Spring Hill Real Estate contact.
Chris Frantz
Exit Success Realty
Hernando County Real Estate
I have prepared a detailed graph on the monthly variance between sales and list price of home sold in the Hernando County Real Estate Market. The variance is at the highest in 20 months and show that sellers are accepting less for their property. While homes sold in Hernando County have shown a continued drop from the 12 month high in May. This data shows that a properly priced home is important in todays market conditions.
*information deemed reliable but not guaranteed.
For a complete list of real estate terms or for information on Hernando County Real Estate. Or for informatino on Spring Hill Real Estate contact.
Chris Frantz
Exit Success Realty
Hernando County Real Estate
I have prepared a detailed graph on the monthly Absorption Rate of home sales in the Hernando County Real Estate Market. Homes sold in Hernando County have shown a continued drop from the 12 month high in May. The monthly drop in sales and the supply of available homes have continued to keep the Absorption Rate high.
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.
*information deemed reliable but not guaranteed.
For a complete list of real estate terms or for information on Hernando County Real Estate. Or for informatino on Spring Hill Real Estate contact.
Chris Frantz
Exit Success Realty
Hernando County Real Estate
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