All closing costs, prepaid fees, and the down payment. The lender may require you to demonstrate extra cash reserves equal to two months' worth of housing expenses as well. …
Townhouse
An attached home that is not a condominium. …
Temperature / Pressure Relief Valve (TPRV)
A device that releases built-up energy in a tank at a certain temperature or pressure. Used for safety measures. …
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Tract Home
Another term for a production home, a mass-produced house constructed by one builder in a project. …
Title Risk
Possible impediments to the transfer of a title from one owner to another. …
Title Search
The process of reviewing all recorded transactions in the public record to determine whether any title defects exist that could interfere with the clear transfer of ownership of the property. …