Archive for the ‘Real Estate Glossary’ Category

Property Evaluation Methods: Door Number One, Two, or Three?

 
Photo by lumaxart
If you want to evaluate your real property, there are three popular methods. You can pick whichever one you want, just like the TV game show called Let’s Make a Deal, but as Monty Hall used to say, you might get stuck with what’s behind that door.
 
But you can also combine them and [...]

Posted by joelm on November 22nd, 2009 under Money Saving Tips, Real Estate Glossary Tags: , ,  •  No Comments

Expansive soils - Should you be concerned about them around your home?

The second leading cause of property damage in the United States is expansive soil. While it is well known to those that have experienced it, many people are not familiar with what it is or the damage that it can cause. If you are a homeowner, you will want to be aware of the threat [...]

Posted by joelm on November 6th, 2009 under Real Estate Glossary, Structural/Construction Issues Tags: ,  •  No Comments

What’s the difference between an condo & townhome?

Condominiums and townhomes are popular dwellings in today’s society. Both of them have their similarities, however they are not the same thing. Many people do not know the difference between them. While they do share some common characteristics, they are two completely different entities. So what exactly is the difference between a townhome and a [...]

Posted by joelm on November 6th, 2009 under Real Estate Glossary Tags: , , ,  •  No Comments

What is a front end ratio & how is it different from a back end ratio?

Photo by lumaxartWhen starting the process of buying a home it can be difficult to understand all the terms that are thrown around during the experience. Two terms that you are likely to hear are a front end ratio and a back end ratio. The lender that you go to for your mortgage will want [...]

Posted by joelm on October 30th, 2009 under Mortgage Loans, Real Estate Glossary Tags: , , , , , ,  •  No Comments