- Department of Veterans AffairsAn independent agency of the federal government that guarantees long-term, low- or no-down payment mortgages to eligible veterans. Read More
- DepositA sum of money given to bind a sale of real estate. Also known as earnest money. Read More
- DepreciationLoss in value occasioned by ordinary wear and tear, destructive action of the elements, or functional or economic obsolescence. Read More
- Design BuildA design build approach combines design and construction functions together under one company who will be entirely responsible for the success(...) Read More
- Design ReviewDuring a design review, local authorities will verify building plans to ensure building code compliance for the issuance of building permits. Read More
- DesignerA professional (typically non-licensed) who designs houses or elements of a residence, including interior design, landscaping and more. Read More
- Detached Accessory Dwelling UnitA Detached Accessory Dwelling Unit (DADU) is a small home that is constructed on the same lot of a single-family home which can sometimes be(...) Read More
- DisclosuresThe seller may be subject to disclose various known issues with the property. These can vary from damage to recent repairs to the home.(...) Read More
- DisconnectA large (generally 20 Amp) electrical ON-OFF switch. Read More
- Discount PointsOr "Points". A fee paid by the borrower at closing to reduce the interest rate. A point equals one percent of the loan amount. Read More
- Discount RateThe interest rate used to discount future cash flows to determine Present Value. Read More
- Distressed PropertyAny property that is under foreclosure or being sold by the lender. Normally, a distressed property is a result of a homeowner who was unable to(...) Read More
- DiversificationThe process of investing in different investments to reduce a portfolio’s overall risk. Read More
- DiverterValves, used in several plumbing fixtures that divert water to different outlets. Diverters are used in faucets, showers, bathtubs, and more. Read More
- Dividend YieldA ratio of annual target cash distributions per share divided by the price per share. Alternatively, it is a ratio of the total cash(...) Read More
- Door HeaderA beam that redirects the weight, or load, from above a door to the side door studs. Read More
- Door OperatorAn automatic garage door opener. Read More
- Door StopThe wooden style that the door slab will rest upon when it's in a closed position. Read More
- Doorjamb, InteriorThe surrounding case into which and out of which a door closes and opens. It consists of two upright pieces, called side jambs, and a horizontal(...) Read More
- DormerAn opening in a sloping roof, the framing of which projects out to form a vertical wall suitable for windows or other openings. Read More
- Dormer windowA window vertically set in a structure, projecting through a sloping roof. Read More
- Double Bowl Vanity CabinetA vanity cabinet wide enough to accommodate two sink bowls is called a double bowl vanity. Most double bowl vanities are at least 60 inches(...) Read More
- Double CloseWhen a wholesaler purchases a property and immediately resells it to an end buyer. A double close is different from an assignment of contract(...) Read More
- Double cylinderA lock that is operated with a key from the inside as well as the outside. Read More
- Double Door CabinetWider base and wall cabinets often have double doors that meet in the middle rather than a single large door. Double door cabinets normally(...) Read More
- Double GlassWindow or door in which two panes of glass are used with a sealed air space between. Read More
- Double GlazingA window that utilizes two panes of glass. Double glazing can help to improve energy efficiency in a home and can provide similar benefits as(...) Read More
- Double Hung WindowA window made up of two panels that slide vertically to open. This window style is a classic design and is typically constructed of wood. Read More
- Double Net LeaseA lease agreement in which the tenant is responsible for both property taxes and premiums for insuring the building. Read More
- Down PaymentA portion of the price of a property not borrowed and paid upfront in cash. For primary residence purchases, down payments typically range(...) Read More
- Down Payment AssistanceExclusive to first-time buyers, down payment assistance programs are typically grants or low- to no-interest loans to cover the large initial(...) Read More
- DownspoutA pipe for draining water from roof gutters. Read More
- Drain TileA perforated, corrugated plastic pipe laid at the bottom of the foundation wall and used to drain excess water away from the foundation. It(...) Read More
- Drain-Waste-VentThe section of a plumbing system that carries water and sewer gases out of a home. Read More
- DrawA draw involves progress billings that a contractor can make at each stage of a project for work that has been completed. Read More
- Draw ScheduleA payment plan for a financed construction or renovation project which determines when the lender will disburse funds to the borrower. Most draw(...) Read More
- Drawer Base CabinetStandard base cabinets normally have one or two drawers at their top and doors that allow access to their lower compartments. A drawer base(...) Read More
- Drawer FrontsStandard base cabinets normally have one or two drawers at their top and doors that allow access to their lower compartments. A drawer base(...) Read More
- Drawer SlidesThis is the hardware that allows the drawer boxes to open and close. There are various types of drawer slides and they can normally be replaced(...) Read More
- Drip(a) A member of a cornice or other horizontal exterior finish course that has a projection beyond the other parts for throwing off water.(b) A(...) Read More