Green Lumber
Green lumber is not necessarily a lumber that’s green; though it might, sometimes, be a little greenish. And it’s also not a definition of an environmentally conscious type of wood.
Ok, what’s the best green lumber definition, then?
Let’s say that green lumber is wood that had not had the adequate time to dry and be seasoned. That kind of wood is not good for Real Estate, so you might hear a contractor say “That’s green lumber; we can’t use it”. And the reason why it’s no good is because green lumber can warp with time – not to mention that is much more difficult to work with. Cutting and nailing a green lumber is basically a waste of time and energy.
Some people call it wet lumber, but the term is not 100% correct because a wet/moist lumber is not necessarily a green lumber and it can be used in construction.
However, because the environment changes materials, green lumber is sometimes used in arid regions of the United States like Arizona and California. The thinking behind it is that (i) green lumber is cheaper and (ii) because the lumber dries and comes of age faster over there, once they get transported they will quickly reach a fine point for construction.
Because of floods, wood can revert to flood, so home inspectors and flood insurance companies typically look for green lumber on houses to assess risks.
Don’t get a “green real estate agent”; search through our Realty Agent Hub Directory and find an experienced one that won’t warp or break!
Popular Real Estate Terms
The meaning of a guarantee covers a legal and financially-binding agreement signed between three parties involved in real estate or financial transactions. In this document, typically ...
Tax-free exchange that allows a seller two years after escrow closes on his former principal personal residence to buy like-kind property and defer taxes. Profits from the sale of a ...
(1) Cash revenue from product sales or services rendered less cash expenses. It is different from accrual earnings. (2) The money available after deducting operating expenses and mortgage ...
House designed and zoned for one-family use. Other dwellings may be attached to a single family dwelling, but do not share the same plumbing, heating, or electrical system. Single family ...
Word, or group of words, that identifies a business or one of its products. The name is registered with U.S. Patent Office and provides legal protection for an indefinite number of renewals ...
In short, an overage means a surplus or an excess of money. An overage can present itself at a property at an auction where the asset has gone over the asking price. Suppose there’s a ...
Privilege of a real estate investor or lender to participate in the profitability generated from property. This is in addition to any principal, interest, or dividends. ...
Market Analysis in the Real Estate Market is basically research done concerning specific properties in relation to the overall current climate of the real estate industry. A good ...
Giving of a promise or guarantee to the receiver to instill confidence. ...
Have a question or comment?
We're here to help.