Welcome or Register

Thank you for visiting today. If this is your first visit, take your time and look around. We trust we've provided important information and resources you're looking for.   If you are a return visitor, thank you!  We would love to hear from you and learn how we can serve all your real estate needs or do what we do better! 

Susie Gustafson Real Estate

  • Welcome
  • Real Estate
  • Tools & Information
  • About Us

Susie Gustafson
Susie Gustafson Real Estate, LLC
12 University Ave.
Hamilton, NY 13346
315-824-4663 Office



Real Estate Terms Glossary

Type the Term you'd like to search for.
Or Search Alphabetically:
ABCDEFGHIJKLMNOPQRSTUVW


U.S. Department. of Housing and Urban Development (HUD)

A federal agency that oversees the Federal Housing Administration and a variety of housing and community development programs.

Underlayment

A layer of wood between the subfloor and the floor.

Underwriting

The process that lenders go through to evaluate the risks posed by a particular borrower and to set appropriate conditions for the loan.

Undisclosed heir

A person who claims the right to a piece of property after the death of an owner without a will.

Undisclosed spouse

An unidentified marital partner who can claim the right to a piece of property.

Unrecorded deed

An unrecorded deed transfers ownership from one party to another without being officially recorded.

Unsecured loan

Any loan that is not backed by collateral.

Upgrades

Options than the standard carpeting, lighting, finish carpentry and other amenities offered to all buyers in a new-home project.

Upzoning

The process in which a property is zoned from a lower to a higher use.

Urban sprawl

The unplanned expansion of development over a large area.

Usury

A reference to illegally excessive interest charged on any loan.
|
by Blitz Development
agent photo
Susan D. Gustafson
Susie Gustafson RE LLC
12 UNIVERSITY AVE
HAMILTON, NY 13346
Phone: 315-824-4663
Email: sgustaf1@twcny.rr.com