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SiteMap UofAHousing.com
This page is a site map intended for easy indexing by the internet, and is not intended for human eyes. However if you've found your way to this page, it's because there's something on it that's of interest to you; make yourself at home, or click on one of the links on the main site to your left.
real estate, property, location, building, house, home, condo, duplex, triplex, apartment, rental, tenant, landlord, deposit, maglione, maglione rentals, tucson,


Index: 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42

» Definition - lock or lock In

A commitment you obtain from a lender assuring you a particular interest rate or feature or a definite time period Provides protection should interest rates rise between the time you apply for a loan acquire loan approval and subsequently close the loan and receive the funds you have borrowed.

» Definition - loft

(1) A style of residential construction In Houston the term loft is used quite liberally It may refer to an older building that has been converted into residential condominiums or it may mean a new mid-rise project with a loft-style finish to the units There are also new construction townhomes that are promoted as being lofts A builder creates new loft space by leaving exposed brick walls bare polished concrete floors and having unhidden heating ducts trusses etc.

» Definition - LTV

See loan-to-value ratio.

» Definition - manufactured home

A structure built in a factory that is later shipped to and placed on the homesite The term can apply to both mobile homes and pre-fab homes.

» Definition - margin

An amount usually a percentage which is added to the index to determine the interest rate for adjustable rate mortgages.

» Definition - marginal land

Property which is barely profitable to use.

» Definition - market approach to value

An estimate of value based on the actual sales prices of comparable properties Contrast with cost approach to value and income approach to value.

» Definition - market value

The price that a willing buyer and a willing seller both given full information and neither under pressure to act would agree upon Also known as Fair Market Value.

» Definition - master-planned community

A large scale mixed use real estate development that follows a long term comprehensive plan Master-planned communities typically blend different price ranges of residential neighborhoods with some commercial properties designed to serve the residents' needs Residential properties may include patio homes townhouses condominiums and apartment complexes in addition to neighborhoods of single-family homes Likewise multiple home builders are included in the construction of the various neighborhoods Commercial development can consist of retail strip centers ans shopping malls restaurants entertainment venues and office buildings In addition master-planned communities usually offer amenities such as public recreation areas and parks neighborhood schools and extensive landscaping Recreation areas may include public swimming pools tennis courts children's play grounds and sports fields Many offer large water features and public or private golf courses.

» Definition - mechanic's lien

A legal claim placed on real estate by someone who is owed money for labor services or supplies contributed to the property for the purpose of improving it Typical lien claimants are general contractors subcontractors and suppliers of building materials A mechanics' lien claimant can sue to have the real estate sold at auction and recover the debt from the proceeds Because property with a lien on it cannot be easily sold until the lien is satisfied (paid off) owners have a great incentive to pay their bills.

real estate, property, location, building, house, home, condo, duplex, triplex, apartment, rental, tenant, landlord, deposit, maglione, maglione rentals, tucson,

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