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Property Spotlight
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Chiefland For Sale
$15,000
0 Beds / 0 Baths
| This is one of two larger adjacent lots available for you. The other lot is MLS NUMBER 210008270. This lot is priced significantly lower than it was purchased for, just to sell... more >>
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Chiefland For Sale
$17,000
0 Beds / 0 Baths
| This is one of two larger adjacent lots available for you. The other lot is MLS NUMBER 210008276. This lot is priced significantly lower significantly lower than it was purchased for, just to sell... more >>
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Bonita Springs For Sale
$125,000
0 Beds / 0 Baths
| Nestled away on the Imperial River and close to the heart of Bonita Springs, Serrano, a gated community, provides you with a strong feeling of quaint opulence... more >>
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Naples For Sale
$142,500
0 Beds / 0 Baths
| Carpe Diem! - Here's an opportunity to own a piece of waterfront property without hurting your wallet. Boat Slip #11 is a 34-foot slip, approximately 14-feet wide, and in a deep water marina - approx... more >>
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Bonita Springs For Sale
$165,000
2 Beds / 2 Baths
| What an opportunity! This IS a Short Sale. This unit in a beautiful, well located community. Your unit will be #204...it is a very sought-after corner unit... more >>
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Bonita Springs For Sale
$185,000
2 Beds / 2 Baths
| What an opportunity! Reduced to Sell Now!! This is NOT A Short Sale. This is a beautiful, very new building in a beautiful, well located community. Your unit will be #201..... more >>
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Estero For Sale
$240,000
4 Beds / 2.5 Baths
| Enter through the custom made Cantera doors. Now..... more >>
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Bonita Springs For Sale
$1,000,000
0 Beds / 0 Baths
| This Vacant Residential Corner Lot in the exclusive community of Dolphin Cove in Bonita Springs where existing homes are available starting in the low $2 millions... more >>
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Bonita Springs For Sale
$1,000,000
0 Beds / 0 Baths
| This Vacant Residential Corner Lot in the exclusive community of Dolphin Cove in Bonita Springs where existing homes are available starting in the low $2 millions... more >>
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View All Our Picks >>
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REAL ESTATE DICTIONARY
Results
U
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U-value
The amount of
heat a door or window conducts between the inside air and the
environment. |
U.S. Department of Housing and Urban
Development
Also known as HUD. A federal agency
that oversees the Federal Housing Administration and a variety of housing and
community development programs. |
unbundled real estate services
Real estate services not bound together, but purchase transaction
at a time. |
underlayment
A layer
of wood between the subfloor and the floor. |
underwriters' knot
A
code-approved knot tied at the end of an electrical cord to prevent the wires
from being pulled away from their connection to electrical
terminals. |
U
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underwriting
The
process in which lenders evaluate the risks posed by a particular borrower and
set appropriate conditions for the loan. |
underwriting fee
A
fee charged by the lender to verify information on the loan application,
authenticate the property's worth as collateral, and make a final determination
about whether to grant a loan to the applicant. |
undisclosed heir
A
person who claims the right to a piece of property after the death of an owner
without a will. |
undisclosed spouse
A
marital partner who can claim the right to a piece of property but is not
identified in the owner's will. |
unilateral contract
A
one-sided contract. If one party makes a promise to do something, the second
party is not legally required to perform. If the second party does comply,
however, the first party is obligated to keep its promise. |
unrecorded deed
A
deed that transfers ownership from one party to another without being officially
recorded. |
U
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unsecured loan
Any loan that is not backed by collateral. |
unsecured loan
An
unsecured loan is a loan that is not backed up by collateral. Often, loans from
family members or pesonal acquaintances are unsecured loans. A gift from another
person that is not expected to be repaid is not an unsecured
loan. |
upgrades
Options
offered to buyers in a new-home project that go beyond the standard carpeting,
lighting, finish carpentry, and other amenities. |
upzoning
The process
in which a property is zoned from a lower to a higher use. |
urban sprawl
The
unplanned expansion of development over a large area. |
usury
Illegally
excessive interest charged on any loan.
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