Spring Hill Real Estate Terms

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With constant change around every corner in the Spring Hill Real Estate market. Buyers and Sellers need to ensure they are comfortable with the process. A understanding of the real estate process by knowing the terms and their meaning can be comforting

Several real estate terms are provided daily to help buyers and sellers of Spring Hill Real Estate become more comfortable during the process.

Interest rate ceiling – The highest interest a lender can charge for an adjustable rate mortgage.

and

Step-up lease – A lease with fixed rent for an initial term and provision for pre-determined rent increases at specified intervals and/or increases based upon periodic appraisals; sometimes called a graduated lease.

and

Over improvement – An improvement, which by reason of excess size or cost is not the highest and best use for the site on which it is placed.

As a licensed Realtor associate with Exit Success Realty I specialize in working with buyers and sellers of Real Estate in Spring Hill, Hernando County Florida. My goal is to ensure that you have a pleasurable and rewarding experience

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Chris Frantz
Exit Success Realty
13111 Spring Hill Dr.
Spring Hill, Florida 34609
352-686-2222 office

Spring Hill Real Estate
Hernando Beach Real Estate

*information deemed reliable but not guaranteed

Comments (0) Sep 28 2009