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Property Spotlight
 1 of 4 photos
Estero
For Sale
$200,000
4 Beds / 2.5 Baths
| Enter through the custom made Cantera doors. Now..... more >>
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1 of 4 photos
Estero
For Sale
$200,000
4 Beds / 2.5 Baths
| Enter through the custom made Cantera doors. Now..... more >>
|
 1 of 2 photos
Bonita Springs
For Sale
$60,000
4 Beds / 2 Baths
| Potential Handy-Man's Special. This home is a Potential Short Sale and is being Sold-As-Is with Right to Inspect. Inside pictures coming soon... more >>
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 1 of 1 photos
Bonita Springs
For Sale
$110,000
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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1 of 4 photos
Estero
For Sale
$200,000
4 Beds / 2.5 Baths
| Enter through the custom made Cantera doors. Now..... more >>
|
 1 of 8 photos
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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 1 of 6 photos
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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1 of 4 photos
Estero
For Sale
$200,000
4 Beds / 2.5 Baths
| Enter through the custom made Cantera doors. Now..... more >>
|
1 of 8 photos
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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View All Our Picks >>
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REAL ESTATE DICTIONARY
Results
U
Back to top |
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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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