Michael

 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.

Michael "Mick" Poe
REALTORĀ®, Relocation Specialist, ABR, CMRS, CDPE
RE/MAX Executives
8442 Old Keene Mill Rd.
Springfield, VA 22152
Office: 703/879-0505
Cell: 703/405-5966