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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
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
Judgment
A decision or decree made by a court of
law
Judgment lien
A claim against the real property of a debtor,
as decreed by the court
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
Junior mortgage, or Secondary
mortgage
A mortgage whose claim to repayment is of lesser
priority than another, previously recorded mortgage
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The Liz Freeman Team RE/MAX Preferred Realty 3208 Charles Blvd Greenville, NC 27858 Phone: (252) 439-4000 Toll Free: (800) 326-5006 Fax: (252) 321-1314 Email: liz@lizfreeman.com
A former middle school teacher for 20 years, Liz has been helping families with their real estate needs for the past sixteen years. Education continues to be important to Liz, and she is continually reaching for ways her team can better serve clients. Liz is a Broker, an Accredited Buyers Representative, a Certified Residential Specialist, Graduate of Realtors Institute and a Senior Real Estate Specialist. Recognized as part of a nationwide network of the Top Realtors in the country, Liz takes advantage of many training opportunities offered to The Liz Freeman Team.
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