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All Realtors are NOT alike! Find out why we are Top Jacksonville Area Buyer Agents. Text or Call us anytime @ 904-207-2124
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"I could not have asked for anyone better" "I have worked with several realtors in the past and he definitely made the process the most enjoyable." Carole Wilson, Orange Park, FL Read Quote > View All Quotes >
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 Our agents and preferred lender speak Spanish. (Nuestros agentes de bienes raices y oficial de préstamos hablan español.)
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Hazard insurance |
Insurance protection for specified losses due to
natural causes, such as fire, floods, earthquake, tornadoes, and other "acts of
God" |
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Heir |
An individual who will potentially inherit an
interest in land from someone who dies |
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Hiatus |
A gap or space between two parcels of lands that
is not included in the legal description of either parcel |
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Home equity line of credit, or Home equity
loan |
A mortgage loan (usually not the primary
mortgage) or line of credit which gives the property owner the option to obtain
cash advances from the loan proceeds, using his or her residence as collateral,
but which is not to exceed a pre-arranged amount of the owner's total equity in
the property |
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Homeowners' association |
A nonprofit association of individual owners of
units in a multi-unit structure (either a planned unit development, or a
condominium) that manages the common areas of that structure. In a planned unit
development (PUD) project, the association holds title to the common elements,
whereas in a condominium project, it holds no title to the common
elements |
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Homeowner's insurance |
An insurance policy available to residential
real estate owners that protects homeowners against financial loss from fire,
theft, public liability, and other risks |
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Homestead |
Real estate that is owned and utilized as the
primary family residence, protected in some states as exempt from the claims of
creditors |
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Homestead deed |
A document filed in the land records asserting a
homestead exemption, protecting a variable amount of his assets (depending on
which state) against the claims of creditors |
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Housing ratio, or Debt-to-income
ratio |
The percentage that results from dividing a
borrower's housing expenses by his/her gross monthly income, used by the lender
to evaluate an applicant's qualification for a loan |
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HUD-1 statement |
The document used in closing a real estate
transaction (also known as a "closing statement" or a "settlement sheet") which
itemizes the funds that are payable at closing, including broker commissions,
loan costs, and escrow amounts, and which provides a summary of the seller's
net proceeds and the buyer's net payment at closing. It is required by the US
Department of Housing and Urban Development (HUD) whenever federally-related
mortgages are being made on residential properties |
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Did We Miss the Word YOU Are Looking For? Is there a real estate word that we failed to explain here in our dictionary for homebuyers and sellers? Let us be your personal real estate dictionary! We'll send a brief explanation of any word or term that you encounter when buying and selling property. Do you have a suggestion of a real estate word that should be included? Let us know! We always appreciate feedback. Do any of these definitions raise questions for you? Didn't find the word you're looking for? Let us know! We're happy to answer ANY questions. It's our job! There's no obligation, and we promise to get back to you quickly...
| Q |
What 45,000 sq.ft. home on 5-acres on Lake Washington is described as an 'adventurous house' by its owner?
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| A |
The home of Microsoft's Bill Gates ($40+ million) has a wall of 24 video monitors featuring art and film and a 60-foot pool. |
See More Real Estate Trivia > |
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First Coast Home Hunters Team of All Real Estate Options, Inc 1857 Wells Rd, Suite #215 Orange Park, Florida 32073 Direct: 904-207-2124 Fax: 904-458-8975 Contact: Info@FirstCoastHomeHunters.com
My wife and I work together as Buyer Agents in the Jacksonville, St Augustine & Orange Park Real Estate Markets... We have been truly blessed to be joined by a wonderful team of Buyer Specialists who spend 99% of their work days assisting buyers.
To be successful Jacksonville Realtors we all know we must be available when our clients need help so we ALL personally sacrifice to wrap our lives around our client's needs...and this dedication has allowed us to help hundreds of families to find the right place to call "HOME." Click here to see what others have had to say about our team's heart & dedication.
We are experienced in most loan programs & can help make sure you understand the pros/cons of each option so YOU can make informed decisions.
For all of you 1st Timers we understand 1st Time Buyer Programs too and they still exist!!. They generally come with FREE $$ to assist with the down payment & closing costs. There are still a couple of 100% Financing options available such as VA Loans or USDA Loans in parts of St Johns County or Southern Clay County. Military Members may even qualify for a one year extension of the Home Buyer Tax Credit.
We are only a text, email or phone call away and would enjoy joining in your home hunting if you would allow us to. :-) 


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