Select Lumber | Real Estate Glossary

Definition of "Select lumber"

High quality, premium wood to be used in construction such as for home building.

Bureau insurer that files its statistical and underwriting experience with a rating bureau. ...

Error, misstatement, or breach of duty by an officer or director of a company that results in a laws ...

Evaluation of housing requirements based on family size, ages, occupations, marital status, and othe ...

the sale of one average real estate inventory item within a specified time. Movement or change ...

Type of flooring, made up of tiles of colored stone or marble that is set in concrete. ...

Flow of funds out of one financial instrument, whose interest rates are low, into another financial ...

A negative amortization is a type of loan situation that occurs when the monthly payments do not cov ...

Your motor home can be both your transportation and your home away from home. So like your auto and ...

A point is equal to 1 percent of a loan amount. Lenders charge points in exchange for lowering the i ...

A multiple listing service is a computerized listing of the homes for sale in an area listed with a ...

Depreciation is a decline in the value of property due to general wear and tear, or is also known as ...

A mortgagor is the borrower. ...

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