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Andy Hodes & The Scenic City Team consistently rank in the top 1%* of Chattanooga realtors by the Chattanooga Mulitple Listing Service!

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Real Estate Dictionary
Welcome > Resources > Real Estate Dictionary - A

A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

J, K

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

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

A B C D E F G H I J K L M N O P Q R S T U V W X Y Z



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Real Estate Trivia
Q 
What is a "smart home"?

A 
A "smart home" is equipped with structured home wiring packages that control the home's systems via networked technologies.
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Andy Hodes & The Scenic City Team, REALTOR®, real estate agent and broker for Chattanooga, North Chattanooga and East Brainerd, Tennessee home listings, property and land for sale - NUMBER1EXPERT(tm)

Andy Hodes & The Scenic City Team
Keller Williams Realty

1200 Premier Dr., Suite 140
Chattanooga, TN 37421
423-664-1822
Fax: 423-664-1820
andy@andyhodes.com

Thank you for visiting my website and I hope you enjoy learning about what Chattanooga has to offer. It is one of the most beautiful cities in the Southeast. I am licensed in both Tennessee and Georgia. Please feel free to contact my team at anytime, we are here to assist you in your specific needs. I grew up in Chattanooga and moved away after college. When I married my wife, we decided to move back to Chattanooga to raise our family.




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