# 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
Radon: A radioactive gas found in some homes taht if occuring in strong enough concentrations, can cause health problems.
Real Estate Agent: An individual who is licensed to negotiate and arrange real estate sales; works for a real estate broker.
Realtor: A real estate agent or broker who is a member of the National Association of Realtors, and its local and state associations.
Refinancing: Paying off one loan by obtaining another; refinancing is generally done to secure better loan terms (like a lower interest rate).
Rehabilitation Mortgage: A mortgage that covers the costs of rehabilitating (repairing or improving) a property; some rehabilitation mortgages - like the FHA's 203(k) - allow a borrower to roll the costs of rehabilitation and home purchase into one mortgage loan.
Real Estate Settlement Procedures Act (RESPA): A law protecting consumers from abuses during the residential real estate purchase and loan process by requiring lenders to disclose all settlement costs, practices and relationships. |
