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owner financing
owner financing a home purchase where the seller provides all or part of the financing, acting as a lender. Source: U.S. Department
piti reserves
have on hand after making a down payment and paying all closing costs for the purchase of a home. The principal, interest, taxes, and insurance (PITI) reserves must equal the amount that the borrower would have to
hvac
hvac Heating, Ventilation and Air Conditioning; a home's heating and cooling system. Source: U.S. Department of Housing and Urban Development
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points
closing costs. These points usually are collected at closing and may be paid by the borrower or the home seller, or may be split between them. Source: U.S. Department of Housing and Urban Development
price range
price range the high and low amount a buyer is willing to pay for a home. Source: U.S. Department of Housing and Urban Development
protection
species] 3 : the freeing of the producers of goods of a country from foreign competition in their home market by restrictions (as high duties) on foreign competitive goods 4 a : immunity from prosecution purchased by
punch list
items that have not been completed at the time of the final walk through of a newly constructed home. Source: U.S. Department of Housing and Urban Development
rehabilitation mortgage
rehabilitation mortgages - like the FHA's 203(k) - allow a borrower to roll the costs of rehabilitation and home purchase into one mortgage loan. Source: U.S. Department of Housing and Urban Development
res
compare in personam, in rem, quasi in rem 2 : corpus [the of the trust was the marital home "Stopka v. Commercial Embroidery, Inc., 428 N.E.2d 1130 (1981)"]
Port royalist
of the dwellers in the Cistercian convent of Port Royal des Champs near Paris when it was the home of the Jansenists in the 17th century among them being Arnauld Pascal and other famous scholars Cf Jansenist
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