Concrete Block


Definition of "Concrete block"

Preston Perry
  Raleigh Cary realty

Hollow building block whose dimensions are 8 x 8 x 16. Concrete blocks are widely used in the construction of foundations and outer walls. They provide strength and durability.



Search Real Estate Glossary

 

Related Real Estate Glossary terms

Constructive Market Value

Estimated market price property could bring using currently accepted appraisal methods. This might ...

Liquidation Price

cash value or other consideration that can be received in a forced sale of real estate, such as that ...

Mortgage Broker

An independent contractor who offers the loan products of multiple lenders, called wholesalers. Mor ...

Blanket Limit

Maximum amount of insurance coverage that an insurance company will underwrite in a particular geogr ...

First Loss Retention (deductible)

Same as term Excess of Loss reinsurance: method whereby an insurer pays the amount of each claim for ...

Farmers Comprehensive Personal Liability Insurance

Provides the same coverage as a comprehensive personal liability insurance policy, plus coverage to ...

Related Real Estate FAQ

Is Depreciation Common?

Generally, real property never depreciates in value, or more so, it is not very common for property ...

What Type Of A Home Is A Condominium?

A condominium is a form of home ownership in which the owner owns the airspace within the walls but ...

What Is A Housing Ratio?

A housing ratio is the percentage of your housing payment (principal, interest, taxes, and insurance ...

What Is PITI And What Does It Stand For?

PITI is the total monthly payment you make on a house-Principal, Interest, Taxes, and Insurance. ...

What Is A Subprime Mortgage?

A subprime mortgage is a mortgage granted to a borrower who is considered subprime-that is, a person ...

What Are Basis Points?

Basic points relates to changes in the interest rate for your home. ...

Read why Real Estate Agent rates 5 Stars in 10 Agent Reviews
Read Reviews

Agents join here
Add our widget on your Website

Real Estate Advice

What Costs Do Buyers and Sellers Pay On Big Day When Escrow Closes? Foreclosure - The Pros and Cons of Buying 5 signs of house foundation problems How To Choose A Realtor Real Estate Open House - The Dos and Don

FAQ

What is a Multiple Listing Service (MLS)? What are jumbo mortgages? What is a mortgage? How Much Can I Afford ? What is depreciation?