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Real Estate Glossary

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Glossary of real estate terms

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Basement	The space that is below the first floor. Basements are usually wholly or partly below the exterior grade. Basements should be checked for signs of water leakage. Dampness in comers is a sign of moisture problems, and water marks along the base of walls or any cabinets suggest that there is or has been some serious water leakage.

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Historic farmhouse with 5+ acres make this property most desirable. Restoration of this home could be rewarding! City sewer is in the street for convenient hookup! BTVA, Great development Potential.

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