Functional Modern Or Contemporary House


Definition of "Functional modern or contemporary house"

Home designs developed after World War II incorporating modern technology, materials, and architecture including energy conservation methods to achieve a highly functional structure.

Have a question or comment? We're here to help.

 
 
 
*** Your email address will remain confidential.
 
 

Search Real Estate Terms

 

Popular Real Estate Terms

Good Faith (goodwill)

In conducting a real estate transaction, each party is presumed honest and fair with no deceit. The intentions are honorable and realistic. If decepti ...

Lender

Person who lends money to a borrower ay a particular interest rate to be repaid at a later date. ...

Unrecorded Deed

The transfer of a property deed from one person to another without publicly recording it. The recording of a deed in a public office gives constructiv ...

Backfill

Dirt around a building's foundation for support. Holes are filled in. ...

Assessment Record Card

Physical record card where the date of the last assessment valuation and its results, as well as a property description are kept. ...

Post Mortem

Investigation into the causes of death. A post mortem is normally performed by a public coroner. It might be performed to determine the cause of death ...

Popular Real Estate FAQ

What Is Earnest Money?

Earnest money is a deposit you make when you make an offer on a house. ...

What Is Equity?

Equity is the financial interest or cash value of your home, minus the current loan balance(s). If selling the home, this would also be minus any cost ...

What Is An APR And What Does It Include?

An APR stands for an ANNUAL PERCENTAGE RATE. This rate includes the costs of any points paid, mortgage insurance, and other costs. ...

What Is Principal?

Principal is the amount of money borrowed and still owed on a loan not including the interest. ...

What Is A REALTOR®?

A REALTOR® is an agent or agency that belongs to the local or state board of REALTORS® and is affiliated with the "National Association of REALTORS� ...

What Is A Buydown?

A type of financing in which a developer or seller arranges for the buyer to get a loan at a rate below the current market rate. The developer or sell ...

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

Agents join here
Add real estate terms app
on your Website

Real Estate Advice

Spring Landscaping Ideas to Improve Curb Appeal and Sell Your House DIY Home Improvement to Increase Your Home Value Moving Tips: House Relocation Stress Free Increase Your Home Value With These Home Improvement Ideas Down Payment: Everything You Wanted to Know

FAQ

What do I need to know about Universal Life Insurance? What are comparables or comps? How much money can I borrow to buy a home? What do I need to know about Auto Insurance? What is a rate lock?