REAL ESTATE DICTIONARY
Results
Q
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qualifying ratio
A
ratio calculated by a lender to determine how much a potential buyer can
borrow. |
Queen Anne style
A
Victorian-era style that originated in England during the reign of Queen Anne
and was revived in both England and America in the late 19th
century. |
quiet enjoyment
The
right of an owner to use his or her property without
interference. |
quiet title suit
A
lawsuit filed to ascertain the legal rights of an owner to a certain parcel of
property. |
quitclaim deed
A
document that releases a party from any interest in a piece of real
estate. |
Q
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quoin
The outer
corner of a building, or the rectangular stone block used to form that
corner.
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- 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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