Residential Unit


Definition of "Residential unit"

Sue Caltabiano
Sue Caltabiano Century 21 Town and Country Realty

property suitable for residential living, such as a house, duplex, apartment, mobile home, or condominium.

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Popular Real Estate Terms

Tract

Extended area of land commonly held for subdividing and development into residential units. ...

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Popular Real Estate FAQ

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Homeowners insurance is an insurance policy that combines personal liability insurance and hazard insurance coverage for a residence and its contents. ...

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A loan origination fee is a fee charged by the lender-usually 1 percent of the loan amount. ...

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

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An overall debt ratio is the percentage of your overall debt (housing payments plus any other long-term debt) to your monthly gross income. Lenders us ...

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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 ...

What Is A Seller Disclosure?

A seller disclosure is a form required by most states; the seller uses this form to disclose any known defects of the home. ...

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