R

See pole … [Read more...]

Unit of area usually equal to 1/4 acre. … [Read more...]

A lenders commitment to offer to hold a specific rate for a certain length of time. Rate commitments can vary from 30 to 180 days. … [Read more...]

To pay in full and discharge a mortgage with the proceeds of a new mortgage. … [Read more...]

A special type of loan available to equity-rich, older owners. Repayment is not necessary until the borrower sells the property. … [Read more...]

A horizontal board that serves as the apex of the roof structure. … [Read more...]

A vent located along the ridge board of the roof that allows moisture to escape. … [Read more...]

An agreement by a property owner to give another person the right to buy or rent the property before it goes on the open market. … [Read more...]

The right to pass over or use another's land. … [Read more...]

A provision in the federal Truth in Lending Act that allows borrowers to cancel certain kinds of loans within three days of signing. … [Read more...]