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2835 Grand Ave., Suite B
Laramie, WY 82070
(307) 742-2099
  
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GLOSSARY OF TERMS
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- qualifying ratios
- The ratio of your fixed monthly expenses to your gross monthly
income, used to determine how much you can afford to borrow. The
fixed monthly expenses would include PITI along with other obligations
such as student loans, car loans, or credit card payments.
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- quantity-survey method
- The appraisal method of estimating building costs by calculating the
cost of all of the physical components in the improvements, adding the
cost to assemble them, and then including the indirect costs
associated with such construction.
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- quiet title
- A court action to remove a cloud on the title.
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- quitclaim deed
- A conveyance by which the grantor transfers whatever interest hew or
she has in the real estate, without warranties or obligations.
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