About Joe Kruschek

Joe Kruschek moved to the Lake Norman area 23 years ago from the great state of Minnesota. He moved for his passion of NASCAR racing and quickly became one of the top crewman in the sport working with many of the top teams and drivers in the sport. After scoring numerous wins and four championships and awards he decided to pursue his other passion for Real Estate. Joe has rapidly become one of the top real estate agents not only in our office but in the whole area.

His knowledge of homes and home construction along with his work ethic is second to none. In his spare time Joe likes to hangout with his two Labrador's, volunteer and also go socialize and meet new people. If you are looking for an agent that will go above and beyond, that will out work anyone else and will always make sure that they have your back than Joe is your agent!

Coldwell Banker Residential Brokerage

Joe Kruschek

Real Estate Glossary Terms

BTU

British thermal unit-a unit of energy associated with the creation of heat. Prior to 1929, it was defined as the amount of heat required to raised the temperature of 1 pound of water 1 degree Fahrenheit. In 1929, it was redefined as being equivalent to 251.996 calories, 778.26 ft-lb, or in electrica ...
Default Charge

Penalty charged if an amount owed on the purchase of real estate is not paid on time, ...
Financial Management Rate Of Return (FMRR)

An adjustment to the internal rate of return (IRR) computation so as to improve this measure. This uses a risk-free after-tax rate and a customary rate for money reinvestment. ...
Compensatory Damages

Same as term Civil damages Awarded: sums payable to the winning plaintiff by the losing defendant in a court of law; can take any or all of these forms: general, punitive, and special. ...
State Fund

Account established and administered by a state agency to finance a mandatory insurance program, for example, workers compensation insurance. ...