Real Estate Glossary

Our glossary is the largest dictionary of real estate and construction terms on the Internet with almost 10,000 definitions.
 
3-4-5 Method of Squaring
A method, based on the Pythagorean Theorem, of squaring a foundation layout. Points are marked 3 feet from the corner on one side and 4 feet on the other. If the angle is truly 90 degrees, a line connecting the two marked points will measure precisely 5 feet.
35 Percent Rule of Thumb
A lender uses this rule to determine a borrower's housing affordability. It says that a borrower can afford no more than 35% of monthly take-home pay.

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Hong Wolfe, PhD
Principal Broker, Oregon;
Managing Broker, Washington;
CCIM, CRS

     

2725 NW Walnut Blvd
Corvallis, OR  97330
Office: (541) 740-9497
hong@hongwolfe.com