AJAX progress indicator
  • A mortgage ensured by the U.S. Department of Veterans Affairs and issued by private lenders to assist veterans, service members, and their(...) Read More
  • The amount of rent that could have been collected from vacant units if they had been occupied and leased at current market rates. Read More
  • Money that’s put aside by an investor to cover expenses in the event that a rental property sits vacant for a period of time. Read More
  • The ratio of vacant rental units to the total number of owned rental units in the building, city, or in another operating category. Read More
  • A residential property identified by the United States Postal Service (USPS) as uninhabited and that the USPS has decided they will no longer be(...) Read More
  • A rental property that is fully furnished and rented out to guests for short-term periods (e.g., two-week vacation). Vacation rental properties(...) Read More
  • The "V" shaped area of a roof where two sloping roofs meet. Water drains off the roof at the valleys. Read More
  • Sheet metal that lays in the "V" area of a roof valley. Read More
  • An inspection carried out for the benefit of the mortgage lender to ascertain if a property is a good security for a loan. Read More
  • The fee paid by the prospective borrower for the lender's inspection of the property. Normally paid upon loan application. Read More
  • Bathroom furniture that combines the sink, countertop, and mirror and provides extra storage space. Read More
  • A sink base cabinet located in the bathroom is normally referred to as a vanity cabinet. Most vanity cabinets have single or double doors, but(...) Read More
  • The pulls, knobs, or handles used to open your vanity cabinet doors and drawers are called the vanity cabinet hardware. They can often be(...) Read More
  • The surface installed on top of your vanity cabinets is referred to as the vanity top. The vanity top may have one or more pre-formed sink bowls(...) Read More
  • A building product installed on exterior walls and ceilings under the drywall and on the warm side of the insulation. It is used to retard the(...) Read More
  • Interest rate that changes periodically in relation to an index. Read More
  • A thin sheet of wood that is typically applied to coarser wood on doors, floors, and other finishes. Read More
  • A pipe or duct which allows the flow of air and gasses to the outside. Also, another word for the moving glass part of a window sash, i.e.(...) Read More
  • Preformed flange placed over a vent pipe to seal the roofing above the vent pipe opening. Read More
  • Document signed by the borrower's bank or other financial institution verifying the borrower's account balance and history. Read More
  • Document signed by the borrower's employer verifying the borrower's position and salary. Read More
  • A mineral used as bulk insulation and also as aggregate in insulating and acoustical plaster and in insulating concrete floors. Read More
  • A type of sink that sits on top of the bathroom counter, and is typically composed of glass or porcelain. Read More
  • How ownership of title is taken. Common methods of holding title include sole ownership, or co-ownership. How title is vested has important(...) Read More
  • A federal government agency that provides benefits to veterans and their dependents, including health care, educational assistance, financial(...) Read More
  • Windows made of PVC, a plastic material; they are less costly and require less maintenance than wood windows. Read More
  • A plastic sheeting used as a vapor and weather barrier in construction and abatement, or as painter's drop cloth. Read More
  • Cardboard rectangular boxes that are installed between the earth (between caissons) and the concrete foundation wall. Used when expansive soils(...) Read More
  • A measure of electrical potential. Most homes are wired with 110 and 220 volt lines. The 110 volt power is used for lighting and most of the(...) Read More
  • With the lender’s approval, a borrower may transfer the deed to a property to the lender to satisfy a debt and avoid foreclosure. Read More

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