Homeownership wk 1

Front

What does the term 'seaboard' refer to?

Back

A region bordering the sea; the coastline.

Front

What does 'eroded' mean?

Back

To gradually destroy or be gradually destroyed.

Front

What is the purpose of inclusionary policies?

Back

To provide equal access to opportunities and resources for people who might otherwise be excluded or marginalized.

Front

What is foreclosure?

Back

The action of taking possession of a mortgaged property when the mortgagor fails to keep up their mortgage payments.

Front

What does 'metropolitan' relate to?

Back

It relates to or denotes a metropolis, often inclusive of its surrounding areas.

Front

What are the implications of coastal erosion on homeownership?

Back

Coastal erosion can decrease property values and increase the risk of property damage.

Front

How can inclusionary zoning affect housing markets?

Back

Inclusionary zoning can increase the availability of affordable housing and promote diversity in neighborhoods.

Front

What are the consequences of foreclosure for homeowners?

Back

Homeowners may lose their property, damage their credit score, and face financial instability.

Front

What factors contribute to metropolitan area growth?

Back

Economic opportunities, transportation infrastructure, and population migration.

Front

What is the significance of understanding property payments in homeownership?

Back

Understanding property payments is crucial for maintaining ownership and avoiding foreclosure.