REAL ESTATE DICTIONARY


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G		 I H I I I J I K I L I M I N I O I P I Q I R I S I T I U I V I W I X I Y I Z
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gable
A triangular wall enclosed by the sloping ends of a ridged roof or a triangular decorative feature.
gable decoration
A triangular filigree or panel fitted into the rake end of a gable roof.
gable roof
A ridged roof that forms a triangle at each end.
gag rule
A provision in contracts signed by new buyers that prohibits the owners from publicizing complaints about the builder.
gambrel roof
A roof with two slopes, often seen on barns.
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gap
A defect in the chain of title; a missing document that raises doubt as to the true owner of the property.
gas valve
A small faucet-like device that controls the flow of gas to an appliance such as a gas water heater, dryer, or oven. When the handle is turned in line with the gas pipe, the valve is open; when it is perpendicular to the pipe, it's closed.
general contractor
The person who hires all of the subcontractors and suppliers for a project.
general plan
A government's long-range land-use plan.
general-purpose circuit
An electric circuit that supplies a number of outlets for lighting or appliances.
geodesic dome
A structure constructed of lightweight bars forming a grid of polygons.
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Georgian style
Popular throughout the 18th century, this type of architecture is distinguished by a symmetrical façade, a prominent front entrance, and quoins (decorative blocks of masonry or wood set in the corners of the house).
gift
A cash gift a buyer receives from a relative or other source. Lenders usually require a "gift letter" stating that the money will not have to be repaid.
gingerbread decoration
An intricate, almost lacy, wood trim.
girders
Crossbeams that support floor joists.
glazed
A window that has been fitted with a glass pane. "Double glazed" refers to a window with double panes.
glazier's point
A small pointed metal clip that helps hold a pane of glass in a window frame.
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good-faith estimate
An estimate from an institutional lender that shows the costs a borrower will incur, including loan-processing charges and inspection fees.
Government National Mortgage Association (GNMA)
Commonly known as Ginnie Mae, this agency buys home loans from lenders, pools them with other loans and sells shares to investors. Unlike similar agencies Fannie Mae and Freddie Mac, Ginnie Mae only purchases loans backed by the federal government.
GPM (graduated-payment mortgage)
A mortgage that requires a borrower to make larger monthly payments over the term of the loan. The payment is unusually low for the first few years but gradually rises until year three or five, then remains fixed.
grace period
A specified amount of time in which a borrower may make a loan payment after its due date without penalty.
grade
The elevation of land above level ground.
grade level
The flat or sloping surface upon which a house is built.
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Graduate Realtor® Institute (GRI)
A designation issued by the National Association of Realtors (NAR) to members who meet specific performance and education requirements for residential real estate sales.
graduated-payment mortgage
A mortgage that requires a borrower to make larger monthly payments over the term of the loan. The payment is unusually low for the first few years but gradually rises until year three or five, then remains fixed.
granny flat
Slang term for a separate unit in a house or above the garage, which in the past may have been occupied by an elderly relative.
grantee
A person to whom an interest in a piece of property is conveyed.
grantor
The person who conveys an interest in a piece of property to another person.
Greek Revival style
A style introduced in the United States at the end of the 18th century. Its most prominent feature is a pillar-anchored pediment forming a portico in the front of the house.
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greenbelt
Any stretch of park, open space or other natural setting in a community.
gross income
The total income of a household before taxes or expenses are subtracted.
ground fault circuit interrupter
A device that detects leakage of electrical current to the ground and prevents accidental shock.
ground rent
The amount of money paid for the use of a piece of property that is a leasehold estate.
group home
A single-family residence used as a living space for unrelated people who require special care or supervision.
grout
A type of mortar used to fill areas between tiles, stone, or marble.
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growing-equity mortgage
A fixed-rate mortgage that increases payments over a specific period of time. The extra funds are applied to the principal.
guarantee mortgage
A loan guaranteed by a third party, such as a government institution.
guaranteed sales program
A real estate brokerage program to purchase the seller's equity if the property does not sell during a predetermined period of time.
gutters
Horizontal channels installed at the edge of a roof to carry rainwater or melted snow away from the house.
guy
A cable that guides or holds something, such as an antenna.
Easy as 123
1. Submit Your Project
2. Contractors Bid On It!
3. Approve the Bid You Like!

Easy!
exterior

Short Desc : painting of exterior

Bid Range : $2500

Windows and Doors
in Ashland

Short Desc : Homeowner needs to have a window repaired. Ready to secure a contractor.

Bid Range : $500

Windows and Doors
in Hampton

Short Desc : Homeowner needs to replace 1 window in their home. Ready to secure a contractor.

Bid Range : $500

Painting and Wallcovering
in Fort Pierce

Short Desc : Homeowner needs to have wallpaper installed/removed. Ready to secure a contractor.

Bid Range : $5000

Roofing
in Palm Beach Gardens

Short Desc : Homeowner needs to have the shingle roof replaced on their 1461 sq ft. home. Ready to secure a contractor.

Bid Range : $5000

Windows and Doors
in Port Saint Lucie

Short Desc : Homeowner needs to replace 8 windows in their home. Ready to secure contractor. Spoke with Thomas. Project details were confirmed. He is looking to begin his project as soon as possible.

Bid Range : $1000

Roofing
in Stafford

Short Desc : Roof over deck low pitch small leak in corner 12 x 12 need redone probably with rolled roofing

Bid Range : $2500

Remodeling and Room Additions
in Port Saint Lucie

Short Desc : Homeowner needs to have their 280 sq ft carport enclosed to form a bedroom and a bathroom. Will require plumbing work for the bathroom. Ready to secure a contractor.

Bid Range : $10000

Remodeling and Room Additions
in Richmond

Short Desc : Homeowner needs to add 140 sq ft onto their 1460 sq ft home. Project will be extending their 140 sq ft master bedroom into 280 sq ft. They will need help with the plans and permits.

Bid Range : $50000

Remodeling and Room Additions
in Leonardtown

Short Desc : Adding a second floor to include a master bedroom, master bath, and a guest room. Would like to add a backyard deck & wrap around porch. As well as remodel current bathrooms.

Bid Range : $200000

Remodeling and Room Additions
in Richmond

Short Desc : Homeowner needs to have an addition built on their 2,306 sq ft home. Will need help with plans and permits. Ready to secure a contractor.

Bid Range : $5000

Decks
in Sandston

Short Desc : A deck about 3/4 the length of the back of the house. A bench built into the deck as an option. A lattice looking ceiling/roof to minimize sunlight as an option.

Bid Range : $10000

Bathroom Remodeling
in Colonial Heights

Short Desc : Homeowner needs to have flooring laid in her 40 sq ft bathroom. Will need installation of bathtub, shower and sink.

Bid Range : $10000

Painting and Wallcovering
in Virginia Beach

Short Desc : We need a painter for a medical office.

Bid Range : $2500

Remodeling and Room Additions
in Colonial Beach

Short Desc : Customer needs to remodel their entire 820 sq ft home due to water damage. Project to include replacing an exterior wall, drywall, painting, flooring, and fixtures. May need minor electric. Spoke with Sean and project confirmed. Needs to remodel 820sq ft home due to water and fire damage. Need to prepare house to sell. Will include replacing an exterior wall, drywall, painting, flooring and fixtures. Would like to start ASAP and can be reached at anytime.

Bid Range : $25000

Windows and Doors
in Louisa

Short Desc : I am interested in possibly tinting the windows in the front room(s) of my Lake House, may add all windows depending on price.

Bid Range : $5000

Remodeling and Room Additions
in Leonardtown

Short Desc : Adding a second floor to include a master bedroom, master bath, and a guest room. Would like to add a backyard deck & wrap around porch. As well as remodel current bathrooms.

Bid Range : $200000

Windows and Doors
in Stafford VA 22556

Short Desc : I want to install two basic, glass, sliding doors for a patio deck and basement patio in my house. I will purchase doors and have them at the site. I need professional measurement to help chose the correct size door and to install them for me. Spoken to homeowner. Looking to start as soon as in contact with a contractor. Can be contacted any time on cellphone.

Bid Range : $2500

Windows and Doors
in Port Saint Lucie

Short Desc : Homeowner needs to install windows on two of their homes. One home is 1300 sq. ft and needs eight windows installed. The other is 1000 sq. ft. and needs 7 windows installed.

Bid Range : $500

Roofing
in Newport News

Short Desc : Homeowner needs to have the tar roof on their 1,500 sq ft home replaced. Ready to secure a contractor. I spoke to Tee, who is looking to start ASAP, and can be contacted in the mornings, 1500 tar roof replaced. There was patch work done 10 years ago fixing up some rotting place`s. That wasn`t done right. Would like the whole roof done.

Bid Range : $10000

Bathroom Remodeling
in Fredericksburg

Short Desc : To

Bid Range : $10000

Remodeling and Room Additions
in Petersburg

Short Desc : Remodeling kitchen. Need cabinets, counters, ceramic tile, paint, and install a new dishwasher. Currently no dishwasher.

Bid Range : $10000

Paving and Patios
in Glen Allen

Short Desc : We would like a 100 to 120 sq ft walkway/patio built between our deck and driveway made of mortorless paving stone if not too expensive Arleen would like to get her project started asap.

Bid Range : $2500

Remodeling and Room Additions
in Newport News

Short Desc : Homeowner needs to add onto their 2500 sq ft home. The addition will be a second story. They will need help with plans and permits.

Bid Range : $25000

Remodeling and Room Additions
in Mineral

Short Desc : Need to be put in touch with a contractor in the mineral area. Please call at the number provided and we can discuss the details. Thanks in advance.

Bid Range : $2500

Drywall and Plastering
in Midlothian

Short Desc : Patch job where the house is settling in family room. It has crack on side of wall and celling.some does drywall.

Bid Range : $500

Drywall and Plastering
in King George

Short Desc : 1500 sq ft garage w/ loft

Bid Range : $2500

Baby Room

Short Desc : 3 walls ne color and 1 accent wall in wide stripes.

Bid Range : $600

Painting and Wallcovering
in Aylett

Short Desc : Paint our living room, including the cathedral ceiling, as well as one wall in our kitchen.

Bid Range : $2500

Bathroom Remodeling
in Chester

Short Desc : 1970`s bathroom - needs updating - replacing ceramic tile, ceramic floor, replace counter top/sink and toilet - would like some designer help. Would like to see if possible closet beside bath can be incorporated into new bathroom (costs involved)

Bid Range : $5000
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