Real Estate Glossary
There are 91 entries in this glossary.
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F
| Term |
Definition |
| Fair Housing Act |
A law that prohibits discrimination in all facets of the home buying process on the basis of race, color, national origin, religion, sex, familial status, or disability.
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| Fair Market Value |
The hypothetical price that a willing buyer and seller will agree upon when they are acting freely, carefully, and with complete knowledge of the situation.
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| Fannie Mae |
Federal National Mortgage Association (FNMA); a federally-chartered enterprise owned by private stockholders that purchases residential mortgages and converts them into securities for sale to investors; by purchasing mortgages, Fannie Mae supplies funds that lenders may loan to potential homebuyers.
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| Federal Housing Administration (FHA) |
Federal Housing Administration; established in 1934 to advance homeownership opportunities for all Americans; assists homebuyers by providing mortgage insurance to lenders to cover most losses that may occur when a borrower defaults; this encourages lenders to make loans to borrowers who might not qualify for conventional mortgages.
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| Fixed-Rate Mortgage |
A mortgage with payments that remain the same throughout the life of the loan because the interest rate and other terms are fixed and do not change.
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Dining Reviews
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Flancer's, 4 stars
Don't be fooled by the pun-laden menu. Flancer's sandwiches, salads, burgers and pasta showcase its owner's serious culinary skills with a nod to the flavors of the Southwest.
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Arizona Pizza Company, 3 stars
The Glendale location of the Arizona Pizza Company is the back-East chain's first foray into its namesake state. It's basically an expansive sports bar, complete with servers dressed like referees and more than two dozen televisions tuned in to all kinds of sports events. But the menu is far more than just wings and burgers.
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Pho Ao Sen, 3.5 stars
This upscale Vietnamese restaurant, one of the prettiest in town, offers pho and other Vietnamese classics, as well as a handful of unique and utterly delicious specialties.
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Pollo Campero, 3 stars
Guatemalan-based Pollo Campero offers fried and grilled chicken. Grilled chicken is a thing of beauty: skin on, a little charred in spots, served with wedges of lime. The chicken burrito is a chubby roll of tortilla wrapped around bits of chicken, cheese, peas, chopped carrots, beans and rice.
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Shimogamo Japanese Restaurant, 4 stars
Traditional yet contemporary Shimogamo offers sushi and traditional Japanese dishes alongside modern Japanese specialties, including BBQ beef tongue, panko-breaded fried oysters with tonkatsu sauce and miso-marinated black cod. Don't miss inspired sushi rolls, such as the Shimogamo and the tsunami.
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