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Diana Dedwylder, REALTOR®, real estate agent and broker for Arlington, N.E. Tarrant County and Mansfield Texas home listings, property and land for sale - NUMBER1EXPERT(tm)

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Real Estate Dictionary
Welcome > Resources > Real Estate Dictionary - A

A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

H

Hazard insurance

Insurance protection for specified losses due to natural causes, such as fire, floods, earthquake, tornadoes, and other "acts of God"

Heir

An individual who will potentially inherit an interest in land from someone who dies

Hiatus

A gap or space between two parcels of lands that is not included in the legal description of either parcel

Home equity line of credit, or Home equity loan

A mortgage loan (usually not the primary mortgage) or line of credit which gives the property owner the option to obtain cash advances from the loan proceeds, using his or her residence as collateral, but which is not to exceed a pre-arranged amount of the owner's total equity in the property

Homeowners' association

A nonprofit association of individual owners of units in a multi-unit structure (either a planned unit development, or a condominium) that manages the common areas of that structure. In a planned unit development (PUD) project, the association holds title to the common elements, whereas in a condominium project, it holds no title to the common elements

Homeowner's insurance

An insurance policy available to residential real estate owners that protects homeowners against financial loss from fire, theft, public liability, and other risks

Homestead

Real estate that is owned and utilized as the primary family residence, protected in some states as exempt from the claims of creditors

Homestead deed

A document filed in the land records asserting a homestead exemption, protecting a variable amount of his assets (depending on which state) against the claims of creditors

Housing ratio, or Debt-to-income ratio

The percentage that results from dividing a borrower's housing expenses by his/her gross monthly income, used by the lender to evaluate an applicant's qualification for a loan

HUD-1 statement

The document used in closing a real estate transaction (also known as a "closing statement" or a "settlement sheet") which itemizes the funds that are payable at closing, including broker commissions, loan costs, and escrow amounts, and which provides a summary of the seller's net proceeds and the buyer's net payment at closing. It is required by the US Department of Housing and Urban Development (HUD) whenever federally-related mortgages are being made on residential properties

A B C D E F G H I J K L M N O P Q R S T U V W X Y Z



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Real Estate Trivia
Q 
What U.S. state is home to the world's richest woman?

A 
Alice Walton, daughter of WalMart's founder and heiress to $16.5 billion, lives on a ranch in the state of Texas.
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Diana Dedwylder, REALTOR®, real estate agent and broker for Arlington, N.E. Tarrant County and Mansfield, Texas home listings, property and land for sale

Diana Dedwylder
RE/MAX Pinnacle Group Realtors

1241 W Green Oaks Blvd.
Arlington, TX. 76013
Phone: 817 299-1033
Fax: 817 460-3903
Email: DianaDedwylder@NUMBER1EXPERT.com

Welcome to the END of the INTERNET! You have found the very last web site you will need for all of your real estate needs. www.YourDFWAgent.com Call Us Now, 817 299-1033 Credibility: · Over 1500 Homes Sold One at a Time · Over 17 Million Closed in 2002 Ranking Top 1% in the USA · Inducted into the Remax International “Hall of Fame” · Remax Platinum Club Award Winner · 30 Years of Market Knowledge · Graduate of Real Estate Training Institute, Prudential Mgmt Training, Century 21 Real Estate Training, Henry S. Miller Training, Certified Residential Specialist “less than 2% of agents Nationwide have this certification” · Proud Sponsor of the Childrens Miracle Network The Diana Dedwylder Team would like to thank everyone for all the continued support and referrals. Thanks to you we are looking forward to another record-breaking year. Although there is a wealth of knowledge at www.YourDFWAgent.com put our team to work directly! We want to speak with you. Call Us Now, 817 299-1033 arlington texas real estate, mansfield texas real estate, burleson texas real estate, southlake texas real estate, colleyville texas real estate, grapevine texas real estate, keller texas real estate,westlake texas real estate and surrounding areas Find Real Estate Investing Information History of Arlington

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