Lake County Real Estate & Homes For Sale

Welcome to the Lake County real estate and homes for sale real estate and mortgage glossary for Eustis, Sorrento, Mount Dora, Lake Mary, Lake County, Volusia County and Seminole County, FL areas. Understanding real estate terminology can be of great assistance in buying or selling a home, commercial property, or investment property. In order to help you understand words commonly used in a real estate transaction, I have prepared a list of real estate terms you should become familiar with. Thanks again and be sure to contact me for any of your Eustis real estate needs or real estate needs for Sorrento, Mount Dora, Lake Mary, Lake County, Volusia County here in Seminole County, FL.

Terms:

Interest Rate
The monthly effective rate paid (or received if you are a creditor) on borrowed money. Expressed as a percentage of the sum borrowed.

MLS- IDX
IDX, or broker reciprocity, is a listing sharing arrangement between brokers within a Mulitple Listing Service.

Market Value
An asset's market value is the price it would fetch in the market, if it were sold in the current marketplace.

Title Insurance
A type of insurance which guarantees the ownership and quality of title to land.

Appraisal
An educated estimate of the value of a property on a certain date given by a person, usually after an inspection of the property.

As is
Implied in most Agreements of Purchase and Sale, suggests the buyer is accepting the property in it present state and relinquishes and responsibility from the buyer.

Bankruptcy
a) A person who has done any of the acts that by law entitle his creditors to have his estate administered for their benefit; b) a person judicially declared subject to having his estate administered under the bankrupt laws for the benefit of his creditors; c) a person who becomes insolvent.

Bid
To offer (a price) whether for payment or acceptance.

Property Tax
A tax levied on real or personal property

Interest Rate
The percentage usually on an annual basis that is paid for the use of money borrowed from another

Home Loan
a) Money lent at interest; b) something lent usually for the borrower's temporary use.

Credit Risk
An estimate of the amount of credit that can be extended to a company or person without undue risk.

Credit Union
A cooperative organization that makes loans to its members at low interest rates.

Prime Rate
The lowest rate of interest on bank loans at a given time and place, offered to preferred borrowers.

ARM
A mortgage whose interest rate is raised or lowered at periodic intervals according to the prevailing interest rates in the market.

Home Equity Loan
A loan or credit line that is secured by the equity the borrower has in a home.

Mortgage
A temporary, conditional pledge of property to a creditor as security for performance of an obligation or repayment of a debt.

Do you have a need for professional real estate services?

If you are looking for Lake County real estate and homes for sale or real estate and homes for sale in Eustis, Sorrento, Mount Dora, Lake Mary, Lake County, Volusia County or any nearby Seminole County, FL area, I am here to help. Please use this simple real estate request form that will help you when you are looking for a home for sale in Eustis, Sorrento, Mount Dora, Lake Mary, Lake County, or Volusia County. Whether you are buying or selling Eustis or Lake County real estate and homes, you have come to the right place. Please note all of your information will be kept strictly confidential and will only be used to provide you with outstanding real estate services.

Input Your Information
* Name
* Email
Phone
How would you prefer to be contacted?
Comments

HorsesNHouses Home | Properties | For Buyers | For Sellers | City Information | Request Info | 15 Reasons Why I Should Be Your Real Estate Agent | About | Additional Real Estate Info | Blog | Buyers Request | Central Florida Feed Stores | Central Florida Tack Shops | Different Types Of Real Estate Home Loans | Dream Home Finder | External Links | Feed Stores | Featured Listings | Featured Slots | For Horses | For Sale By Owner Real Estate Info | Form | Free E-mail Property Updates | Free Market Update | Free Real Estate Newsletter | Free E-mail Property Updates | Free Real Estate Reports | General Request | Helpful Links | Home Buying Info | Home Gardening Info | Home Improvement | Home Moving Assistance | How Much Real Estate Can You Afford? | IDX | Imported listings | Just For Kids | Link Partners Page | Login | Market Snapshot | Mortgage Information | My Listings | My Real Estate Link Partners | Our Featured Listings | Our Listings | Property Search Linked | Real Estate And Community Bulletin Board | Property Search (Mid-Florida Regional - Commercial) | Property Search (Mid-Florida Regional - Residential Income) | Real Estate And Consumer Info | Real Estate And Mortgage Glossary | Real Estate Mortgage Calculators | Real Estate Mortgage Programs | Real Estate News and Information | Real Estate Refinancing Information | Real Estate Tax Info | Quick Search | Sellers Request | School Links | Search | Selecting Your Next Home | Sign-Up Page | Testimonials | Tourism And Travel | Open House Calendar | Property Search | Property Search (Mid-Florida Regional - Lease) | Property Search (Mid-Florida Regional - Land) | Type | Weather | What's My Home Worth? | Why Select Me To Help You Sell Real Estate? | Why Select Me To Represent You When Buying Your Next Home? | Zone 1 - Horse Properties | Zone 2 - Horse Properties | Zone 3 - Horse Properties | Zone 4 - Horse Properties | Zone 5 - Horse Properties | Zone 6 - Horse Properties | EUSTIS - Community Bulletin Board | Buyers Request | EUSTIS - Community Services and related links | EUSTIS - Request a property | EUSTIS - What's My Home Worth? | EUSTIS - Free Neighborhood Reports | EUSTIS | EUSTIS - Homes for sale | EUSTIS - Important Links | EUSTIS - Free Market Update | EUSTIS - Community Events | EUSTIS - Recently Sold Homes | EUSTIS - Schools Servicing the community | General Request | General Request | ALTOONA - Recently Sold Homes | ALTOONA - Community Bulletin Board | ALTOONA - Homes for sale | Buyers Request | ALTOONA - Important Links | ALTOONA - Free Market Update | ALTOONA - Free Neighborhood Reports | ALTOONA - Community Services and related links | ALTOONA - What's My Home Worth? | ALTOONA | ALTOONA - Request a property | ALTOONA - Community Events | ALTOONA - Schools Servicing the community | Buyers Request | MOUNT DORA - Recently Sold Homes | MOUNT DORA - Homes for sale | MOUNT DORA - Free Market Update | MOUNT DORA | MOUNT DORA - What's My Home Worth? | MOUNT DORA - Important Links | MOUNT DORA - Free Neighborhood Reports | MOUNT DORA - Request a property | MOUNT DORA - Community Events | MOUNT DORA - Community Bulletin Board | MOUNT DORA - Schools Servicing the community | MOUNT DORA - Community Services and related links | General Request | SORRENTO - Community Events | SORRENTO - Schools Servicing the community | Buyers Request | SORRENTO | SORRENTO - Homes for sale | SORRENTO - What's My Home Worth? | SORRENTO - Important Links | SORRENTO - Free Market Update | SORRENTO - Free Neighborhood Reports | SORRENTO - Request a property | SORRENTO - Recently Sold Homes | SORRENTO - Community Bulletin Board | SORRENTO - Community Services and related links | General Request | TAVARES - Community Events | TAVARES - Community Bulletin Board | TAVARES | TAVARES - Homes for sale | TAVARES - What's My Home Worth? | TAVARES - Important Links | TAVARES - Free Market Update | TAVARES - Free Neighborhood Reports | TAVARES - Request a property | TAVARES - Recently Sold Homes | TAVARES - Schools Servicing the community | TAVARES - Community Services and related links | Buyers Request | General Request | UMATILLA - Recently Sold Homes | Buyers Request | UMATILLA - Community Services and related links | UMATILLA - Free Market Update | UMATILLA - Homes for sale | UMATILLA - Free Neighborhood Reports | UMATILLA - Community Events | UMATILLA - Community Bulletin Board | UMATILLA - What's My Home Worth? | General Request | UMATILLA - Request a property | UMATILLA - Important Links | UMATILLA | UMATILLA - Schools Servicing the community | SANFORD - Free Market Update | SANFORD | SANFORD - Homes for sale | SANFORD - What's My Home Worth? | SANFORD - Important Links | SANFORD - Free Neighborhood Reports | SANFORD - Request a property | SANFORD - Community Events | SANFORD - Recently Sold Homes | SANFORD - Community Bulletin Board | SANFORD - Schools Servicing the community | SANFORD - Community Services and related links | Buyers Request | General Request | Lake County | testing Idx | google275a86494312aa55.html | StagePropertytoSell | search test
Site Map | E-Mail



Team Staging and Stables with Watson Realty Corp
7015 CR 46A • Lake Mary, FL 32746
Cell: 407.488.3768 • Email: Fran@HorsesNHouses.com
Fax: 407.330.2475