Typically consisting of perforated drain tile or pipe (typically concrete or plastic), these tubes are put around the footings of the wall on the exterior of your home. The tubes are then covered in crushed rock to help with drainage.…
Category: Real Estate Glossary
The amount of pressure that is pushed along an electrical current through the medium of a wire.
An agency of the United States Federal government that guarantees residential mortgages provided to veterans. The guarantee provides a form of ‘insurance’ to a lender and thus, encourages them to provide loans to those in this demographic.
A type of mortgage that is guaranteed by the Department of Veterans Affairs (VA).
The seller in a real estate sale/transaction.
Within a condominium setting, the unit factor refers to an owner’s share of each common element. The condominium plan and certificate of title will outline all of the details pertaining to this, details of which can vary from condominium to…