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About Liz Wilson
I love where I live and work in Central Florida near Walt Disney World, the Worlds #1 vacation place! JC Penny Realty, LLC is a well established family owned business whom I have had the privilege to work for 13 years and love my job. I specialize in the purchase and sales of vacation rental homes in Davenport, Kissimmee and Clermont Florida! I also assist with relocation, military relocation, investor sales and more!! It would be my privilege to work with you!
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Real Estate Glossary Terms
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Millage Rate
Property tax rate whereby each mill is $1 of tax assessment per $1,000 of assessed property value. For example, a house in Los Alamitos is assessed at $200,000 and the millage rate is 10 mills. The assessment for the home would be $2,000 ($200,000*.01). ...
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Payoff Month
The month in which a zero loan balance is reached. The payoff month may or may not be the loan term. ...
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Immediate Notice
Provision found in property and liability insurance policies that mandates that the insured notify the insurance company as soon as possible following the occurrence of a covered loss under the policy. ...
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Perpetual Mutual Insurance Company
Type of mutual insurance company that requires a substantial initial premium payment. After the initial premium payment is made, future premium payments required will be paid from the investment earnings of the initial premium payment. ...
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Sources Of Income
In insurance, company revenues from underwriting and investment. Insurance companies make money first, by underwriting good risks so that their premium dollars cover claims losses and expenses (the money left over being called underwriting income), and second, by investing premium dollars until clai ...
Real Estate FAQ
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What Is The Average Home Price In Clermont FL?
Do you want to feel the heartbeat of Orlando but the big city life is not really what you have in mi ...
Real Estate Advice
Agent Advice
How To Become A Real Estate Agent In Texas?
Being the second-largest state in the United States following Alaska, Texas prides in its prosperous economy and with a gross state product of $1.8 trillion, Texas is amongst the top largest economies globally. Texas is a state with an abundance of natural resources, thriving cities, and institutions that provide the best education that significantly contributes to its ...
Agent Advice
5 Real Estate Marketing Ideas For 2020
The new year is finally here, and with it, a bevvy of new opportunities to explore in the real estate business. The world of real estate is constantly changing and evolving, and a good realtor needs to constantly keep themselves updated on new marketing strategies for real estate agents. With that in mind, we’ve put together this list of ...
Homebuyer Tips
Pros And Cons Of Living In Boca Raton
There is a lot to be said for living in Boca Raton FL. Beautiful weather, beautiful beaches and beautiful houses are just a few of the many, many pros of living in this gorgeous city. But, just like any other city, there are a fair few downsides to living here. Housing prices are astronomical, and property crime rate is even higher than the national average. ...
Homebuyer Tips
Home Loans With 0 Down Payment
Mary V. has always adored the fairytales her mother used to read before going to bed. Since then, she had been dreaming of her own place to call home, which gradually became smaller and smaller. She left behind the gold-plated palaces and castles of her childhood memories, and now, in her early 20s, she would be more than happy to live in a small cozy one-story house ...
Homebuyer Tips
How Can You Improve Your Credit Score?
The almighty Credit Score: The banking industry revolves around it. Landlords demand it. And everybody is concerned about their three digits that reveal how well they are doing financially. The FICO® Score and the VantageScore are two systems that measure your creditworthiness. Both can be between 300 and 850. Of course, the higher, the better. Understanding credit ...
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