Friday Funny!


 

Q: How long is a temporary mortgage?


A: Until the bank forecloses.

 

Although this may make you laugh today…be sure you are dealing with an agent that cares about you.

Check out www.VickieGylling.com for more information on the real estate happenings.

Word of the Week:


Reversion:

 A future interest that becomes possessory when

 a temporary estate (such as a life estate) terminates,

and is held by the grantor (or his or her successors in interest).

 Often called an estate in reversion.

Compare: Remainder.

 

Check out www.VickieGylling.com for more information on real esate questions, inquiries and more!