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What do people think red porch lights mean?. Back in 2016, a satirical website claimed that red lights on porches meant the home was gun-free. That’s a hoax, urban-legends site Snopes points out.
Assessed value: The value of real estate property as determined by an assessor, typically from the county. "As-is": A contract or listing clause stating that the seller will not repair or correct ...
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Here are 15 real estate terms you need to know. Real Estate Agent Professional who represents the seller (listing agent) or buyer (buyer’s agent) in a real estate transaction.
Binder – In law, a binder (also known as an agreement for sale, earnest money contract, memorandum of sale, or contract to sell) is a short-form preliminary contract in which the purchaser agrees to buy and the seller agrees to sell certain real estate under stated terms and conditions, usually in the form of a purchase offer, and is ...
Porch of the Queen Anne style cottage William G. Harrison House. In northeastern North America, a porch is a small area, usually unenclosed, at the main-floor height and used as a sitting area or for the removal of working clothes so as not to get the home's interior dirty, when the entrance door is accessed via the porch.
Calling a house a bungalow often carries with it connotations of the price and status of the residence, and thus the wealth of its owner. Local real estate lingo commonly includes the word "bungalow" when referring to residences that are more normally described as "detached", "single-family homes", or even "mansions" in other countries.
(Greek: Περίστασις) A four-sided porch or hall of columns surrounding the cella in an ancient Greek peripteros temple (see also Peristyle). In ecclesial architecture, it is also used of the area between the baluster of a Catholic church and the high altar (what is usually called the sanctuary or chancel ).