Real Estate Term of the Day: Detached Housing DETACHED HOUSING (aka: Detached Single Family) – residential buildings in which each dwelling unit is surrounded by freestanding walls and is generally sited on a separate lot. Contrast with attached housing (Barron’s Dictionary of Real Estate Terms) Benefits of detached housing vs attached housing: Typically offers a … More Real Estate Term of the Day: Detached Housing
Real Estate Term of the Day: Department of Housing and Urban Development (HUD) DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT (aka: HUD) – a U.S. government agency established to implement certain federal housing and community development programs. This federal agency attempts to assure decent, safe, and sanitary housing for all Americans, and investigates complaints of discrimination … More Real Estate Term of the Day: Department of Housing and Urban Development (HUD)
Real Estate Term of the Day: Deed of Trust DEED OF TRUST – an instrument used in the State of Colorado in lieu of a mortgage (a written instrument that creates a lien upon real estate as security for the payment of a specified debt). Legal title to the property is vested in one or … More Real Estate Term of the Day: Deed of Trust
Real Estate Term of the Day: Deed DEED – a written document, properly signed and delivered, that conveys title to real property (Barron’s Dictionary of Real Estate Terms) There are 3 types of deeds that can be used to convey title: General Warranty Deed – one that contains a covenant that the grantor will protect … More Real Estate Term of the Day: Deed
LESLIE MONACO REAL ESTATE 