Real Estate Term of the Day: Cul-De-Sac CUL-DE-SAC – a street with an intersection on one end and a closed turning area on the other. Often valued in the design of residential subdivisions for the privacy provided to homes on the street (Barron’s Dictionary of Real Estate Terms) Homes that are located in a cul-de-sac … More Real Estate Term of the Day: Cul-De-Sac
Real Estate Term of the Day: Credit History, Credit Bureau & FICO Scores CREDIT HISTORY – an individual’s past behavior regarding the taking out and repayment of loans and the use of revolving credit, such as credit cards. Credit histories are recorded by a small number of national credit reporting companies who issue credit reports. … More Real Estate Term of the Day: Credit History, Credit Bureau & FICO Scores
Real Estate Term of the Day: Crawl Space CRAWL SPACE – narrow opening between the ground and the underside of a structure, not tall enough to permit standing but sufficient to give access as needed to wiring, plumbing, and other utilities (Barron’s Dictionary of Real Estate Terms) A few other uses for a crawl space … More Real Estate Term of the Day: Crawl Space
Real Estate Term of the Day: Covenant COVENANT – promise written into deeds and other instruments agreeing to performance or nonperformance of certain acts, or requiring or preventing certain uses of the property (Barron’s Dictionary of Real Estate Terms) Common items found in a neighborhood’s convents (typically enforced by an HOA) may include: rules regarding … More Real Estate Term of the Day: Covenant
LESLIE MONACO REAL ESTATE 