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: Delinquent DELINQUENT – past due. The state of having an unpaid amount after the due date and any grace period afforded has passed. Normally, delinquency occurs before a mortgage default is declared (Barron’s Dictionary of Real Estate Terms) Most banks will give a 15 day grace period for your … More Real Estate Term of the Day: Delinquent
All real estate licensees are not the same. Only real estate licensees who are members of the NATIONAL ASSOCIATION OF REALTORS® are properly called REALTORS®. They proudly display the REALTOR “®” logo on the business card or other marketing and sales literature. REALTORS® are committed to treat all parties to a transaction honestly. REALTORS® subscribe … More Why use a REALTOR®?
LESLIE MONACO REAL ESTATE 