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General warranty deed |
A deed in which the grantor warrants title
against all claims, offering the greatest guarantee of protection of any type
of deed, and which is used in most real estate deed transfers of
title |
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Ginnie Mae |
The Government National Mortgage Association
(GNMA), a United States corporation that guarantees privately issued securities
backed by pools of mortgages insured by the Federal Housing Administration, the
Farmers Home Administration, or the Veterans Administration |
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Graduated-payment mortgage
(GPM) |
A flexible-payment mortgage with monthly
principal and interest payments that increase by a certain percentage each year
for a certain number of years, and then level off for the remainder of the
term |
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Grantee |
The person who, by written document, receives
title or an interest in real property from a grantor |
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Grantor |
The person who, by written document, transfers
title to or an interest in real property to a grantee |
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Gross Lease |
The most common of residential leases, whereby
the landlord pays for all property expenses incurred through ownership, such as
taxes, insurance, repairs, etc. |
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Ground Lease |
A long-term lease of land (usually 99 years)
that allows the lessee to build and use the land as agreed in the lease, at the
end of which, the land and any improvements revert to the owner |
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Ground rent |
The payment made for the use of land when the
title to the property is of a leasehold estate, rather than as a fee simple
estate |
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Growing-equity mortgage
(GEM) |
A fixed-rate loan for which the monthly payments
increase over a designated period of time, with the increased amount of the
monthly payment being applied directly to the principal balance, thereby
shortening the term of the loan |
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Guarantee mortgage, or Insured
mortgage |
A mortgage that is guaranteed against default by
a third party (such as the FHA), and for which the borrower must pay an
insurance premium |
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Guardian |
An individual designated by the Court to protect
and preserve the property of someone who is not able to manage his or her own
affairs See "Conservator" |
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The Linda Low Team Long & Foster Real Estate, Inc. Direct: (202) 232-4733 Fax: (202) 332-3072 Branch Office: (202) 363-1800 Email: linda@lindalowrealtor.com
Linda is one of the premier real estate agents in the Washington, DC area, and her team has been ranked consistently high in the area in residential sales. She and her husband and partner, Rob, have lived in the District for 40 years and know the DC and nearby Virginia and Maryland markets cold. Her love of houses, previous career as an historic preservation consultant, and her 26+ years of dramatic success in real estate sales allows her clients to benefit from her unsurpassed expertise and service. The Linda Low Team produces stellar results. They will maximize the sales price of the house you're selling and/or help you buy your ideal home. Linda's satisfied clients return to her again and again and are her primary source of business. If you're looking for a true DC Metro real estate expert with a great supporting team, you've found her! 

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