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1). Home Buyer And Home Design Terms And Definitions When you start shopping for a new home, you may encounter some words and terms with which you are unfamiliar. The following glossary will help you to 2). Part 3 - Different Types Of Home Foundations And When To Use Changing the Type of Foundation on your home:Almost any house plan can have its foundation changed. It's common for people to design a differe 3). Part I: Different Types of Home Foundations and When to Use The foundation is the first piece of a home to be constructed and creates a base for the rest of a home's components. There are three types of founda 4). Part I: Home Buyer Terms and Definitions When you start shopping for a new home, you may encounter some words and terms with which you are unfamiliar. The following glossary will help you to 5). Part I: What are the most popular floorplan features? One of the most popular questions that people ask when searching for that “perfect” house plan is "What are (currently) the most requested floorplan 6). Part II: Home Buyer Terms and Definitions Balloon - A loan which has a series of monthly payments (often for 5 years or less) with the remaining balance due in a large lump sum payment at th 7). Part II: What are the most popular floorplan features? #3: Split-Floorplan Layout – There are two basic types of floorplan layouts, which are primarily differentiated through their inherent treatment of 8). Part III: Different Types of Home Foundations and When to U Changing the Type of Foundation on your home: Almost any house plan can have its foundation changed. It's common for people to design a diff 9). Part III: Home Buyer Terms and Definitions VA-Guaranteed Loans If you are a veteran of military service, reservist, or on active military duty, you may be able to obtain a loan guaran 10). Part III: What are the most popular floorplan features? #4: Ease-of-Maintenance – The relative time constraints of today’s family unit is at an all-time high. Many families now include two full-time work 11). Part IV: Different Types of Home Foundations and When to Us The foundation is the first piece of a home to be constructed and creates a base for the rest of a home's components. There are three types of founda 12). Part IV: Home Buyer Terms and Definitions Fixed Rate Mortgage - A mortgage whose interest rate remains constant over the life of the loan. The payments are not necessarily level. (See Graduat 13). Part V: Home Buyer Terms and Definitions Mortgage Broker - A broker who represents numerous lenders and helps consumers find affordable mortgages; the broker charges a fee only if the consum 14). Part VI: Home Buyer Terms and Definitions Recording Fee - A charge for recording the transfer of a property, paid to a city, county, or other appropriate branch of government. Real E