A private, fenced-in housing development, sometimes employing security guards. A written estimate of the settlement costs the borrower will likely have to pay at closing. Compare with conventional mortgage . Commonly called Ginnie Mae. grant A technical term used in deeds of conveyance of property to indicate a transfer. The person conveying an interest in real property.
Measures aggregate economic activity available, encompassing every sector of the economy.
GDP growth is widely followed as the primary indicator of the strength of economic activity. The amount of money that is paid for the use of land when title to a property is held as a leasehold estate rather than as a fee simple estate. A residential building designed for unrelated developmentally disabled persons. These homes provide long-term shelter and support services that are residential in nature. A fixed-rate mortgage that involves scheduled payment increases over a specified period of time.