Text Me!

Your name:

Message:

Contact me by:
Phone:


forclosures2.gif

Local News

Nashville News
Local news for Nashville, TN continually updated from thousands of sources on the web.

Search Site

Brandon Patrick Broker,ABRM,CRB,CRS
RE/MAX Elite
277 Mallory Station Rd Ste 122
Franklin, TN, 37064
Office: 615-850-4330
Cell: 615-578-7507
Fax: 615-850-4331
Lic. #: 257858
Real Estate Glossary J | Print |
We take pride in providing our Real Estate buyers and sellers with all the answers to common real estate questions. Our goal is to make all your real estate transactions go as smoothly as possible.

 


Jalousie window

A window that consists of vertical rows of horizontal glass slats that operate together by a crank mechanism that connects all the slats.

Joint liability

The responsibility of two or more people to fulfill the terms of a home loan or debt.

Joint tenancy

Ownership by two or more people that gives equal shares of a piece of property. Rights pass to the surviving owner or owners.

Joist

A floor or ceiling support member supported by foundation walls, piers or beams. Subflooring is connected to floor joists.

Judgment

The decision of a court or law. If a court decides that a person must repay a debt, a lien may be placed against that person's property.

Judicial foreclosure

A procedure to handle foreclosure proceedings as civil matters.

Jumbo mortgage

Loans that exceed limits set by Fannie Mae and Freddie Mac. The current limit is $300,700.

Junior mortgage

A loan that subordinate to the primary loan.
Last Updated ( Wednesday, 08 November 2006 )
 
< Prev   Next >
Get the newest real estate Information from our site delivered right to your desktop!

REAL calculator

Calculate your mortgage repayments:

Loan amount: $
Down payment: $
Annual interest rate: %
Term of loan: years

Total interest:
$
Monthly payment:
$

Rent vs. Buy Calculator

Am I better off renting or owning? This calculator will show you the financial differences between the two.
$   Current Rent
  % Est. tax bracket
$   Purchase Price
  % Down Payment
  % Interest Rate
    Mortgage Term (Years)
    Your Monthly Payment
$   Yearly Taxes?
$   Yearly Insurance?
    Total PITI
    How long will you own (typ. 7 yrs)

$   This is your rent over the period
$   This is mortgage over the period