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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 We Miss the Word YOU Are Looking For? Is there a real estate word that we failed to explain here in our dictionary for homebuyers and sellers? Let us be your personal real estate dictionary! We'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 us know! We always appreciate feedback. Do any of these definitions raise questions for you? Didn't find the word you're looking for? Let us know! We're happy to answer ANY questions. It's our job! There's no obligation, and we promise to get back to you quickly...
| Q |
What is the maximum interest you can deduct on your federal tax return to purchase or improve a first or second home?
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| A |
One of the greatest benefits of home ownership is the federal tax deduction for interest up to, but not exceeding, $1million. |
 See More Real Estate Trivia > |
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KARI CHRIST w/ THE CHRIST TEAM
Keller Williams Realty
823 S. Austin Avenue, Georgetown, TX 78626
Phone: 512-863-2220
Direct: 512-784-8181
Fax: 512-868-6917
Email: Kari@KariChrist.com
Real Estate is my profession and my passion; it never grows old. Each client I work with has
different wants, different needs, different personalities, different styles, different backgrounds,
different likes and dislikes, different areas and different neighborhoods. It makes every day and
each transaction unique!
Trust is what I build my relationships on, both in my personal life and my professional life. I live
by the GOLDEN RULE and I want it show vividly in everything I do. My past clients, both buyers and
sellers, know that I listen first to their needs and expectations and follow with what is important
to them. I realize it is the little things that can make a big difference.
Most consumers have a friend, a relative, or someone they know with a real estate license. I know
the overwhelming feeling that comes with having to choose an agent. A few key things to look for
are: Find someone that has several years of experience, that is professional, that works real
estate on a full-time basis, that has earned various accreditations and training, that works for a
large local brokerage, and that has testimonials from satisfied clients. (I have all of those
qualities because I want to ensure my clients experience a first-class real estate transaction.)
My promise to you is this: I will strive not only to meet your expectations, but to exceed them. I
will invest my time consulting, negotiating and caring for the needs of your real estate
transaction. My goal is for you to have a superb experience which causes you to share my name with
friends, family and co-workers. Yes, I actually like it when people talk about me!
Contact me today and we can get started on your move. 
    
 
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