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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 I Miss the Word YOU Are Looking For? Is there a real estate word that I failed to explain here in my dictionary for homebuyers and sellers? Let me be your personal real estate dictionary! I'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 me know! I always appreciate feedback. Do any of these definitions raise questions for you? Didn't find the word you're looking for? Let me know! I'm happy to answer ANY questions. It's my job! There's no obligation, and I promise to get back to you quickly...
| Q |
What famous $40+ million home has a 60-foot pool with underwater music and a 20-car garage?
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| A |
The home of Bill Gates, co-founder of Microsoft, features the latest futuristic computer technology. |
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Shana Rohde-Lynch
Pacific Union International
1550 Tiburon Blvd Suite U
Belvedere, CA 94920
Phone: 415-264-7101
E-Mail: shana@pacunion.com
shanarohde@NUMBER1EXPERT.com
DRE # 01079806
Shana Rohde-Lynch has a proven track record that no other agent in Marin County can match. Shana is a licensed realtor with Pacific Union International & Christie's International working with buyers and sellers all over Marin County. Previously. Shana was with Frank Howard Allen Realtors for 23 years.
In 2002 Shana was inducted into the "Hall of Fame" achieving the highest honor attainable. Shana was named #1 agent for all of Marin County in 2003 closing 52 transactions. She was the #1 agent in 2004 closing 70 transactions. For 2009 and 2010 she was one of the Top 10 agents. She continues to remain at the top of her field year after year.
Shana is the President and Founder of Go2Marin.com, the top real estate website in Marin County. Shana's expertise and extensive experience shines through. With a full support staff she is able to devote more time to her clients, providing them with the utmost in fast, efficient service and follow through.
Shana's Innovative Marketing Plan exceeds all of her competition. Whether you are searching for the home of your dreams, or thinking of selling it, Shana can turn your dreams into reality!    
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