Daily posts are made to this Hernando County Real Estate market blog to keep you informed. Make sure to bookmark this page to keep track of the daily post or market news.
Subject to mortgage : A grantee taking title to real property "subject to mortgage" is not personally liable to the mortgagee for payment of the mortgage note. In the event the grantor mortgagor defaults in paying the note, the grantee could, however, lose property, and thus his equity, in a foreclosure sale.
and
Open-end mortgage : A mortgage in which the borrower is given a limit up to which he may borrow, with any incremental advances of money up to but not exceeding the original borrowing limit to be secured by the same mortgage.
A complete list of terms may be found at www.soldbychris.com/Glossary/Glossary.htm Hernando County Real Estate Glossary Terms. The Glossary will aid you in the process of buying or selling your next home in Hernando County.
Working with Exit Success Realty of Hernando County. I specialize in working with buyers and sellers in Spring Hill, Brooksville, Ridge Manor, Hernando Beach and Weeki Wachee.
Chris Frantz
Exit Success Realty
13111 Spring Hill Dr.
Spring Hill, Fl 34609
www.getsoldon.com
Hernando County Real Estate
www.springhillfloridarealestateonline.com
Spring Hill Real Estate
Assisting buyers and sellers in Spring Hill, Weeki Wachee, Ridge Manor and Hernando Beach cities of Hernando County. Search the Hernando County Multiple Listing service for your next property. Sign up for emails of homes just listed in Spring Hill or Brooksville including Bank Foreclosure and Short Sales.
No comments:
Post a Comment