A mortgage in which new terms are negotiated. …
Return on Investment
The amount of profit a property generates. …
Reverse Mortgage
A special type of loan available to equity-rich, older owners. Repayment is not necessary until the borrower sells the property. …
Ridge Board
A horizontal board that serves as the apex of the roof structure. …
Ridge Vent
A vent located along the ridge board of the roof that allows moisture to escape. …
Right of First Refusal
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. …