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Unfortunately today more and more people are facing all sorts of difficult financial situations. You may be facing any of the following problems: foreclosure, layoffs, divorce, inherited an unwanted house, IRS liens, probate, judgements, relocation, making two payments, or just need to sell your ugly house or distressed property fast. It may be comforting for you to know that you're not alone.

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    • REAL ESTATE DICTIONARY


    A I B I C I D I E I F I G I H I I I J I
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    key
    A groove in the top of a footing.
    keys
    Little fingers of plaster that squeeze through lath. When they harden, these hold the plaster in place.
    keystone
    An angular block centered over a door or window in a header or mantle.
    kick-out clause
    A clause in a sales contract that allows a seller to accept one buyer's contingent offer, then back out without penalty if a second buyer makes a better offer.
    kit home
    A structure that contains prefabricated components and is put together by a contractor.
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    knee wall
    A wall-like structure that supports roof rafters.
    knob-and-tube wiring
    An old-fashioned wiring system that has been replaced by fuses and circuit breakers.