Homeowners Insurance is a type of insurance that protects homeowners from financial losses caused by damage to their property, as well as...

Highest and best use is the most profitable and appropriate use of a piece of real estate. When considering the highest and best use of a...

In the construction industry, a general contractor (GC), also known as a main contractor, prime contractor, builder, or contractor, plays...

A gain in real estate refers to the increase in the value of a property over a specific period. It's calculated by subtracting the...

A grantor is the person or entity transferring ownership of a property to another individual or entity through a deed. They are...

A gable roof is a common roof style characterized by two sloping sides that meet at a ridge in the middle, forming a triangle shape at...

A gross lease is a type of lease agreement where the tenant pays a flat rental amount and the landlord takes care of all operating...

The Government National Mortgage Association (GNMA), also known as Ginnie Mae, is a government-owned corporation within the U.S....

A FHA Loan is a type of mortgage loan insured by the Federal Housing Administration (FHA). FHA loans are popular for first-time...

Fee Simple is the most complete and unrestricted ownership interest in real estate. With a fee simple title, you have the right to use,...

Financing is the process of obtaining a loan to purchase real estate. Financing typically involves working with a mortgage lender to get...

A fixer-upper is a property that needs repairs or renovations before it can be lived in. Fixer-uppers can be a good investment for buyers...

A flood zone is an area designated by the Federal Emergency Management Agency (FEMA) as being at risk of flooding. Knowing the flood zone...

In a basic definition, foreclosure is the legal process by which a lender takes possession of a property when the borrower defaults on...

A foundation is the structural support system of a building. A strong foundation is essential for the stability and safety of a home....

Escheat, in general, refers to the reversion of property to the government when there is no clear owner. This can happen in various...

Eminent domain is the power of the government to take private property for public use, with just compensation - fair market value -...

The term "estate" in real estate can have two different meanings, depending on the context: "Estate" can refer to the entire physical...

In some areas a real estate transaction includes the use of a closing or settlement company. Escrow refers to a legal arrangement where a...

In real estate, equity refers to the percentage of the property's market value that you truly own. Think of it as the portion of the...