Barbee & Son Realtors Inc. - Barbee & Son Realtors,Inc.

Barbee & Son Realtors Inc.

Property Search
My Dream Home

Free Property Analysis
MyHome Extranet

Meet our Agents!
Area Information
  - Public Schools
  - Private Schools
  - Local Weather
  - Local Links
  - Subscribe
  - Unsubscribe
Free Reports
Featured Articles
Glossary of Terms
Mortgage Calculator

Tell a Friend
Create Bookmark
Contact Me

1119640 page hits since
September 29, 2008

 Glossary of Terms

A |  B |  C |  D |  E |  F |  G |  H |  I |  J |  K |  L |  M |  N |  O |  P |  Q |  R |  S |  T |  U |  V |  W |  X |  Y |  Z

  • U.S. Department. of Housing and Urban Development (HUD)
    A federal agency that oversees the Federal Housing Administration and a variety of housing and community development programs.

  • Underlayment
    A layer of wood between the subfloor and the floor.

  • Underwriting
    The process that lenders go through to evaluate the risks posed by a particular borrower and to set appropriate conditions for the loan.

  • Undisclosed heir
    A person who claims the right to a piece of property after the death of an owner without a will.

  • Undisclosed spouse
    An unidentified marital partner who can claim the right to a piece of property.

  • Unrecorded deed
    An unrecorded deed transfers ownership from one party to another without being officially recorded.

  • Unsecured loan
    Any loan that is not backed by collateral.

  • Upgrades
    Options than the standard carpeting, lighting, finish carpentry and other amenities offered to all buyers in a new-home project.

  • 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
    A reference to illegally excessive interest charged on any loan.