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  • A sum of money given to bind a sale of real estate. Also known as earnest money. Read More
  • Monetary deposit typically made by the homebuyer when they enter into a contract with the seller. The deposit usually will not be refunded to(...) Read More
  • A metal strap used to secure gas hot water heaters to the framing or foundation of a house. Intended to reduce the chances of having the water(...) Read More
  • A right held by a person or entity to make limited use of another’s real property. Read More
  • The edge of a roof that connects with the wall of the building. Usually this part of the roof comes out further than the wall. Read More
  • The horizontal exterior roof overhang. Read More
  • The metal trim that is placed on the edge of the roof covering the seam between the roof plan on the eave and the fascia board. Sometimes(...) Read More
  • Effective Gross Income is the Potential Gross Rental Income plus other income minus vacancy and credit costs of a rental property. EGI is(...) Read More
  • A whitish powder that sometimes oozes from the mortar joints in masonry work. Read More
  • A type of paint finish, or gloss. The finish/sheen of eggshell is somewhere between flat (no gloss) and semi-gloss (some gloss). Read More
  • Typically synonymous with’exit,' the path or right-of-way a person may leave a property. Read More
  • Egress windows are large windows that can double as an emergency exit. They also have specific requirements according to building codes. Read More
  • (1) Eviction or dispossession. (2) A law suit to regain possession of real estate held by another. Read More
  • A plumbing or electrical fitting that lets you change directions in runs of pipe or conduit. Read More
  • The trench or area in the yard where the electric service line (from a transformer or pedestal) is located, or the work of installing the(...) Read More
  • Metal wires that heat up when electric current passes through them and are used in baseboard heaters and electric water heaters. Read More
  • The entry point of the electrical power including: (1) the’strike' or location where the overhead or underground electrical lines connect to the(...) Read More
  • Work performed by the Electrical Contractor after the plumber and heating contractor are complete with their phase of work. Normally all(...) Read More
  • Work performed by the electrical contractor when the house is nearing completion. The electrician installs all plugs, switches, light fixtures,(...) Read More
  • A construction professional specialized in the installation and fixing of electrical equipment. Read More
  • A view of an architectural model taken horizontally, looking at a vertical surface in a design. Read More
  • 1. A drawing of the exterior or interior of a building as seen from a horizontal position - without dimensional perspective. 2. The side view of(...) Read More
  • An alternative to the standard round toilet bowl shape. The elongated toilet bowl is oval in shape and is about 2 €³ longer than a round toilet bowl. Read More
  • The right of a government to take privately owned property for public purposes under condemnation proceedings upon payment of its reasonable value. Read More
  • A paint or enamel made so that its coating, when dry, has some luster but is not very glossy. Bathrooms and kitchens are normally painted semi-gloss Read More
  • The extension of a structure from the real estate to which it belongs across a boundary line and onto adjoining property. Read More
  • A claim, right or lien upon the title to real estate, held by someone other than the real estate owner. Read More
  • Addition to or modification of a title insurance policy that expands or changes coverage of the policy, fulfilling specific requirements of the(...) Read More
  • A program supported by the U.S. EPA (Environmental Protection Agency) that recognizes products that are energy efficient. Energy Star labels can(...) Read More
  • Report generated by an architect or engineer describing the current physical condition of the property and its major building systems, i.e.,(...) Read More
  • Report generated by an qualified environmental firm to determine potential environmental hazards in a building's region or within the building itself. Read More
  • Risk of loss of collateral value and of lender liability due to the presence of hazardous materials, such as asbestos, PCB's, radon or leaking(...) Read More
  • A federal law that requires lenders to make credit equally available without regard to the applicant’s race, color, religion, national origin,(...) Read More
  • All American citizens can have the opportunity to live in different housing communities regardless of their age, disability, gender, familial(...) Read More
  • One of the three major credit bureaus in the US. See Credit Reporting Bureau. Read More
  • A difference between a property's market value and the monetary amount owed to the lender who holds the mortgage. Equity is the amount the owner(...) Read More
  • The total net profit returned over the lifetime of an investment plus the maximum equity invested, expressed as a multiple of the maximum equity(...) Read More
  • When buyers anticipate multiple offers on a property they are looking to purchase; they can include an escalation clause in the contract that(...) Read More
  • In the title industry, refer to the deposits made to an impartial third party of anything pertaining to a real estate transaction - including(...) Read More
  • An account held by the lender to which the borrower pays monthly installments, collected as part of the monthly mortgage payment, for annual(...) Read More

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*LYNK Capital Fund, L.P. operates as LYNK Investments, LLC in the state of Texas.

Disclaimers: LYNK Capital makes loans solely for business purposes (and not for personal or consumer use) and is exempt from licensing in all states in which it operates. LYNK Capital Fund, L.P. does not lend on owner-occupied properties. Listed rates, terms, and conditions are offered only to qualified borrowers, may vary by loan product, deal structure, property state, or other applicable considerations, and are subject to change at any time without notice. No information on this site is intended to, or shall, created a legally binding commitment or obligation on the part of LYNK Capital Fund, L.P. and all terms are expressly subject to LYNK Capital's credit, legal, and investment approval process.