REAL ESTATE DICTIONARY
Results
K Back to top |
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key A groove in the
top of a footing. |
keys Little fingers
of plaster that squeeze through lath. When they harden, these hold the plaster
in place. |
keystone An angular
block centered over a door or window in a header or mantle. |
kick-out clause A
clause in a sales contract that allows a seller to accept one buyer's contingent
offer, then back out without penalty if a second buyer makes a better
offer. |
kit home A structure
that contains prefabricated components and is put together by a
contractor. |
K Back to top |
knee wall A
wall-like structure that supports roof rafters. |
knob-and-tube wiring An old-fashioned wiring system that has been replaced by fuses and
circuit
breakers. | |
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Latest News
- 12/07/07Use a 'short sale' to escape foreclosure. If you owe more than your house is worth and can't afford your payments, you might be able to sell it for less than you owe -- without having to pay the lender the difference.
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- 12/01/07 On Thursday, Gov. Schwarzenegger visited the Fair Housing Council of Riverside County, where he met with public officials from Riverside and San Bernardino counties and explained how a temporary interest rate freeze might reduce foreclosures expected over the next two years when 500,000 higher risk, subprime mortgages in California are scheduled to jump to higher rates.
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- 12/01/07 WASHINGTON - The Bush administration is working with the mortgage industry on a plan to extend lower introductory interest rates on home loans before they reset at higher levels. read more
- 10/14/07 The interest rates on some two million adjustable-rate mortgages will be reset over the next two years, according to an estimate from the Department of Housing and Urban Development, and of them, about 500,000 are expected to go into default. read more
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