Panama City Real Estate
Glossary - J
A decision made by a court of law. In judgments that require the repayment of a debt, the court may place a lien against the debtor's real property as collateral for the judgment's creditor.
A lien on the property of a debtor resulting from the decree of a court.
A type of foreclosure proceeding used in some states that is handled as a civil lawsuit and conducted entirely under the auspices of a court.
A loan that exceeds Fannie Mae’s mortgage amount limits. Also called a nonconforming loan.
Contact us anytime for more information about Panama City Beach Home, Condo and Commercial Real Estate Sales!
*Your information will never be shared with any third party.