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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

Real Estate Tips Bargain Properties >Diamonds in the Rough There are a lot of "diamonds in the rough" for sale. A property with incredible potential may be in a great location, have large sunny rooms and a big yard, but it may also have dated wall paper, worn carpeting, and uninspired bathrooms. If you can look beyond the surface, you may see a house that could be transformed by a little "elbow grease", paint, and new carpets. A house that is structurally sound with all the systems in good condition may be only a few cosmetic repairs away from being fantastic! A home that does not show well is usually priced accordingly. If the price doesn't reflect the condition of the house, the seller may be more willing to negotiate than a seller who has made a considerable investment in preparing a home for the market. Bring your imagination with you on your next house hunting trip! You may be pleasantly surprised to find a diamond in the rough. See All Tips In The "Bargain Properties" Category > See Complete Library Of Hundreds Of Tips In 30+ Categories > Real Estate Trivia Q  What price range is considered upscale or high-end in residential real estate? A  The price range varies depending on the local market, but upscale homes are in the top 10% of an MLS area's annual home sales. See More Real Estate Trivia >

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Vickie Polston Keller Williams, River Cities Specialist 2440 Adobe Rd. Bullhead City, AZ 86442 Tel: 928-727-2501 Fax: 928-768-2516 Email: vickieandchuckpolston@NUMBER1EXPERT.com As residents of Mohave County Arizona, I have become familiar with land and homes of the Tri- State area. My passion for the Colorado River and the community surrounding the area, golfing and gaming at the local casinos in Laughlin, Nevada has not only given us a look into the community's future home growth but allowed me to develop a reputation for marketing, follow-up skills and motivation. As your local Arizona Realtor in Mohave County, I will work harder and longer to find the right lots, property, home, or investments to meet the needs of my clients. Throughout my years in the Mohave Valley area, I have developed a network of investors and contacts to better serve the needs of my clients. Whether you are buying, selling acreage, new or used homes, or investing with me as your Arizona Realtor "no phone call will go unanswered, and no appointment will be missed!" www.VickiePolston.com is brought to you by Vickie Polston, real estate for Bullhead City, Mohave Valley and Fort Mohave, Arizona Read Vickie Polston's Privacy Guarantee, Terms of Service, and Free & Without Obligation Pledge

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