Definition of the term Convertibility
The ability to change a loan from an adjustable rate schedule to a fixed rate schedule.
The ability to change a loan from an adjustable rate schedule to a fixed rate schedule.
Wide pours of cement reinforced with re-bar (reinforcing bar) that support foundation walls, pillars, or posts. Footings are part of the foundation and are often poured before the foundation walls.
Commonly used as a brick cleaner after masonry work is completed.
An elastomeric material with adhesive qualities applied between components of a similar or dissimilar nature to provide an effective barrier against the passage of the elements.
When a painter spray paints the interior of a home.
An opening that is placed in the dry-walled ceiling of a home providing access to the attic.
The amount of cooling required to keep a building at a specified temperature during the summer, usually 78 Fahrenheit, regardless of outside temperature.
A common form of heating with natural gas, propane, oil or electricity as a fuel. Air is heated in the furnace and distributed through a set of metal plastic ducts…
An unacceptable occurrence when the top of a caisson concrete pier spreads out and hardens to become wider than the foundation wall thickness.
A finishing material, either clear or pigmented, that is usually applied directly over uncoated wood for the purpose of sealing the surface.