Lorence

 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.

Lorence "Chuck" Ottley
Broker, Coach, Master Certified Real Estate Negotiator, Author
Sellstate Dominion Realty
1401 Mercantile Lane Ste 483
Largo, MD 20774
Office: (301)333-1111 ext: 100
Fax: 888-908-2827
Toll Free: (800)895-7653 (SOLD) ext: 100
Cell: 3017920362