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General warranty deed |
A deed in which the grantor warrants title
against all claims, offering the greatest guarantee of protection of any type
of deed, and which is used in most real estate deed transfers of
title |
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Ginnie Mae |
The Government National Mortgage Association
(GNMA), a United States corporation that guarantees privately issued securities
backed by pools of mortgages insured by the Federal Housing Administration, the
Farmers Home Administration, or the Veterans Administration |
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Graduated-payment mortgage
(GPM) |
A flexible-payment mortgage with monthly
principal and interest payments that increase by a certain percentage each year
for a certain number of years, and then level off for the remainder of the
term |
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Grantee |
The person who, by written document, receives
title or an interest in real property from a grantor |
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Grantor |
The person who, by written document, transfers
title to or an interest in real property to a grantee |
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Gross Lease |
The most common of residential leases, whereby
the landlord pays for all property expenses incurred through ownership, such as
taxes, insurance, repairs, etc. |
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Ground Lease |
A long-term lease of land (usually 99 years)
that allows the lessee to build and use the land as agreed in the lease, at the
end of which, the land and any improvements revert to the owner |
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Ground rent |
The payment made for the use of land when the
title to the property is of a leasehold estate, rather than as a fee simple
estate |
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Growing-equity mortgage
(GEM) |
A fixed-rate loan for which the monthly payments
increase over a designated period of time, with the increased amount of the
monthly payment being applied directly to the principal balance, thereby
shortening the term of the loan |
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Guarantee mortgage, or Insured
mortgage |
A mortgage that is guaranteed against default by
a third party (such as the FHA), and for which the borrower must pay an
insurance premium |
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Guardian |
An individual designated by the Court to protect
and preserve the property of someone who is not able to manage his or her own
affairs
See "Conservator" |
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Did We Miss the Word YOU Are Looking For? Is there a real estate word that we failed to explain here in our dictionary for homebuyers and sellers? Let us be your personal real estate dictionary! We'll send a brief explanation of any word or term that you encounter when buying and selling property. Do you have a suggestion of a real estate word that should be included? Let us know! We always appreciate feedback. Fill out the form below for a quick response from us by email. It's free, without obligation, and we guarantee your privacy. Do any of these definitions raise questions for you? Didn't find the word you're looking for? Let us know! We're happy to answer ANY questions. It's our job! There's no obligation, and We promise to get back to you quickly... |
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Christine &Team Christine, Inc.
RE/MAX Unlimited North
Cartersville Ga 30120
Direct: 770-386-0076
Cell Phone: 404-509-4255
Fax: 770-386-4005
christine@teamchristine.com
keith@teamchristine.com
For over a decade, Christine and her team have been serving the North Georgia real estate market. As one of the leading real estate teams in the area, Christine’s focus is on listening and acting on behalf of her clients’ special needs. Consistently ranked in the Top 1% of RE/MAX agents nationwide, Christine has been recognized by RE/MAX International with the RE/MAX Lifetime Achievement and Chairman’s Awards. She has recently been inducted into the RE/MAX Hall of Fame and Ranked in the TOP 100 Teams by Communities Magazine. Christine has attained the CDPE (Ceritfied Disressed Property Expert) GRI (GRADUATE OF THE REALTOR INSTITUTE), CRS (CERTIFIED RESIDENTIAL SPECIALISTS) and ePRO (CERTIFIED INTERNET PROFESSIONAL) designations, she consistently strives to further her education and professional skills by attending the latest real estate seminars and conferences. Recognized by top sales organizations in the industry, Christine has had the privilege to teach and coach her peers to advance the real estate profession. Christine is known in the industry as a skillful negotiator and progressive in her field. As a “Technology Team” that “Brings Home Results”, Christine’s team offers a unique perspective that is focused on exceeding customer satisfaction when buying or selling property. With sales experience that includes corporate sales, nationwide relocation, foreclosures and luxury homes, we bring highly specialized marketing, negotiating and problem solving skills to work for you. If you demand professionals with a high level of energy, enthusiasm and market knowledge that culminates with results, then look no further. We have proven experience to provide unparalleled ethical service beyond your expectations.      
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