Category: Home Selling Strategies

Real Estate Term of the Day: Department of Housing and Urban Development (HUD)

February 20, 2012

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: Deferred Maintenance

February 18, 2012

Real Estate Term of the Day: Deferred Maintenance DEFERRED MAINTENANCE – a type of physical depreciation owning to lack of normal upkeep (Barron’s Dictionary of Real Estate Terms) Common examples of deferred maintenance can be: broken windows/doors missing roof shingles/severely damaged roof peeling paint broken gutters wood deck maintenance neglecting broken a/c, finance, hot water … More Real Estate Term of the Day: Deferred Maintenance