Federal Housing Administration (FHA)

Definition of "Federal Housing Administration (FHA)"

Federal agency within the Department of Housing and Urban Development that provides financing to home buyers, particularly those with little cash or with a need to lower monthly payments.

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Popular Real Estate Terms

The float has several meanings in the financial world and the real estate terminology. Typically, the float refers to the number of funds, represented by checks, that an institution or an ...

Standard unit of area that is used to measure a parcel or real estate. Square footage is computed by multiplying the length and width dimensions of a room, building, lot, etc. ...

Simulation that enables investors to determine variations in the rate of return on an investment property in accordance with changes in a critical factor. It is an experiment with decision ...

Right of a party, the assignor, to allocate the benefits of certain insurance policies to a third party, the assignee. Insurance on real estate may assign the policy to protect the property ...

The rent a property commands in a free and open market setting. ...

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Most generally, the meaning of a blueprint defines a plan or a guide you follow in performing some future activity.  Blueprint in architecture The compilation of a blueprint in ...

Determining the measurements of a specific location. ...

Individual who will receive an inheritance upon the death of another. The proceeds of an insurance policy may be in a lump sum annuity. Real estate also passes to the beneficiary. ...

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