We're sure you don't like jargon - and neither do we. But it's a fact of real estate life. This glossary is here to help you make sense of it. And we've put a special emphasis on terms that reflect today's housing market.

  1. A
  2. B
  3. C
  4. D
  5. E
  6. F
  7. G
  8. H
  9. I
  10. J
  11. K
  12. L
  13. M
  14. N
  15. O
  16. P
  17. Q
  18. R
  19. S
  20. T
  21. U
  22. V
  23. W
  24. X
  25. Y
  26. Z

"j" Terms

The responsibility of two or more people to fulfill the terms of a home loan or debt.
Ownership by two or more people that gives equal shares of a piece of property. Rights pass to the surviving owner or owners.
The decision of a court of law. If a court decides that a person must repay a debt, a lien may be placed against that person's property.
A procedure to handle foreclosure proceedings as civil matters.
Loans that exceed limits set by Fannie Mae and Freddie Mac. The current limit is $417,000.
A loan that is subordinate to the primary loan, more commonly called a second mortgage.
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