Real Estate Glossary
Enter a word to define or browse by letter.
|
_____________________________________________________________________ |
|
Browse by Letter |
| # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z |
|
_____________________________________________________________________ |
| GI Loan:
A loan guaranteed by the Veterans Affairs. Gift Deed: A deed for which owes nothing and where there is no material consideration. Ginnie Mae: A government-owned corporation created in 1968 within the U.S. Department of Housing and Urban Development (HUD) that provides funds to lenders for making government home loans. Government Loan: A mortgage that is insured by the Federal Housing Administration (FHA) or guaranteed by the Department of Veterans Affairs (VA) or the Rural Housing Service (RHS). Mortgages that are not government loans are classified as conventional loans. Government Mortgage: A mortgage that is insured by the Federal Housing Administration (FHA) or guaranteed by the Department of Veterans Affairs (VA) or the Rural Housing Service (RHS). Mortgages that are not government loans are classified as conventional loans. Government National Mortgage Association: A government-owned corporation created in 1968 within the U.S. Department of Housing and Urban Development (HUD) that provides funds to lenders for making government home loans. Graduated Lease: A type of long-term lease agreement with a fixed rental fee during the initial period of the lease with fee fluctuations at specific times during the balance of the contract term. Grant Deed: A document that is used to transfer a property's ownership. Grantee: The purchaser; the person to whom a grant is made. Grantor: Seller of property; one who signs a deed. Gross Income: The total income of the borrower before taxes or expenses are deducted Guarantee of Title: The opinion of a title company backed by its assets as to the true condition of the title to a certain piece of land at a particular time, as shown by the public records in the recording office. Guarantor: One who guarantees the performance of another. |