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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
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Time to Move >Children and Moves
When you decide it is time to move, it is important to engage your children in the process. Depending on the reason for the move and the distance, moving can cause some concerns for children that parents may not be aware of right away. Moving often means going to a new school, leaving favorite playmates, and experiencing a lot of uncertainty about what the new neighborhood will be like.
The transition will be a lot easier if your children support your efforts to get your current home sold. How can you get them involved in the process? Include the whole family in discussions about the move and invite the children to participate in house-hunting trips. Ask for the children's cooperation in keeping their toys and clothes picked up. Teenagers may be especially touchy about strangers invading their space, and may resist keeping their room in "showing" condition. Stay communicative with your children about developments in the home sale to help them feel connected to the process.
Work with a real estate agent who is comfortable with children and can remain sensitive to your children's needs and concerns. When the house sells, take the whole family out to celebrate the event.
Leigh Hill Weichert Realtors 142 Main Street Chester New Jersey 07930 Leigh Hill's Cell : 908-256-2364 E-Fax : 1-888-859-0247 E-Mail: leighHill@aol.com
The Leigh Hill Team is dedicated to providing the best possible professional service in the real estate industry for the past 30 years. Leigh, A NJ MILLION DOLLAR GOLD CLUB Award winner for 7 years, Leigh Hill's priorities include a high degree of quality-executed sales for her clients. Leigh is responsible for some of the most prestigious residential developments,and single family homes in Morris and Somerset County. Their knowledge, honesty and commitment to results are the foremost reasons for their continued success. Contact "The Leigh Hill Team" for all of your real estate needs in Northwest New Jersey.
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is brought to you by The Leigh Hill Team, real estate for
Chester, Long Valley and Mendham, New Jersey
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