Information about home, mortgage, insurance, homebuyer, real estate, property, buy home, home insurance, financing, home financing, home buyer, first time homebuyer, homes, homebuying, credit, condo.
Main Page: credit, home buyer, buy home, homes, home, homebuying, financing, home insurance, condo,
Also see related: inventory, accounting, business, finance, credit, tax advisor, inventory control, financial,
Home Terms Main Page
This site contains comprehensive definitions for a wide range of terms that cover topics such as home, mortgage, insurance, homebuyer, real estate, property, buy home, home insurance, financing, home financing, home buyer, first time homebuyer, homes, homebuying, credit, condo...
Our proprietary algorithm provides many related definitions for each term, helping you better understand the subject.
Monthly Home Term Picks:
This is the principle which specifies the factors that must be taken into account when calculating dividends. At Canada Life, the key factors are: interest earnings, mortality, and operating expense.
When an item is approved and released for sale, or when a policy or sales contract is accepted.
A premium that remains unchanged throughout the life of a policy
Evaluating and classifying potential risk of a client.
The number of years or months over which you pay a specified interest rate. Terms usually range from six months to 10 years.
A written report by a qualified appraiser estimating the value of a property.
Covenants, conditions and restrictions, which control the use of the property.
Small, single-family home with a patio.
The area between insulation facing and interior of exterior wall coverings. Normally a 1" air gap.
An energy-efficient glass fiber product manufactured by Owens Corning to ensure the best thermal and noise control performance available.
A common form of heating with natural gas, propane, oil or electricity as a fuel. Air is heated in the furnace and distributed through a set of metal ducts to various areas of the house.
Includes all exterior walls and any interior wall that is aligned above a support beam or girder. Normally, any wall that has a double horizontal top plate.
Provides security, entertainment, communications, environmental control, networking, and other functions generally powered by a signal cable, phone line or data cable. Is not typically metered.
A pit in the basement in which water collects to be pumped out with a sump pump.