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If you are looking for a real estate expert and you want to find your own top real estate expert. Call me at:541-660-6006.
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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 |
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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 |
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Judgment |
A decision or decree made by a court of
law |
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Judgment lien |
A claim against the real property of a debtor,
as decreed by the court |
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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 |
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Junior mortgage, or Secondary
mortgage |
A mortgage whose claim to repayment is of lesser
priority than another, previously recorded mortgage |
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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...
| Q |
Exactly how many islands are included in the group called the 1000 Islands?
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| A |
There are actually 1,864 islands in the 80-mile stretch in the St. Lawrence River, between Ontario, Canada and New York State. |
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Michael Masters
RE/MAX Ideal Brokers, Inc.
1820 NE 7th Street, Suite 100
Grants Pass, OR 97526
541-660-6006
Fax: 541-476-5637
michaelmasters@NUMBER1EXPERT.com
With sales of over 1500 homes and properties, Michael is recognized as the top selling real estate agent in Grants Pass, Oregon. His business experience includes commercial and residential real estate sales in southern Oregon, as well as leasing, lot sales, new home sales and green home sales in Southern Oregon. Michael and his teams have closed over 10,000 real estate transactions.
When it comes to Grants Pass real estate, Michael Masters is the agent that home owners, investors, builders, developers, and banks with REO's call to solve their real estate challenges in order to get results.   
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