Sherry Young

 Real Estate Glossary

Real Estate Glossary
Our glossary is the largest dictionary of real estate and construction terms on the Internet with almost 10,000 definitions.



 


A method, based on the Pythagorean Theorem, of squaring a foundation layout. Points are marked 3 feet from the corner on one side and 4 feet on the other. If the angle is truly 90 degrees, a line connecting the two marked points will measure precisely 5 feet.

A lender uses this rule to determine a borrower's housing affordability. It says that a borrower can afford no more than 35% of monthly take-home pay.

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Our glossary is the largest dictionary of real estate and construction terms on the Internet with almost 10,000 definitions.

Sherry Young
Associate Broker
RE/MAX Professionals
14405 LAUREL PL STE 100
LAUREL, MD 20707
Office: (301) 490-5400
Toll Free: (800) 973-5522
Cell: (301) 206-9193