Green Lumber
Definition of "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 Real Estate Agent Directory and find an experienced one that won’t warp or break!
Popular Real Estate Terms
Measure of the value of all goods and services produced by the economy within its boundaries and is the nation's broadest gauge of economic health. GDA is often a measure of the state of ...
Mortgage banker is the person or business that originates mortgages and receives payments. The mortgage banker typically sells these mortgages to investors and obtains service fees for the ...
Uncertainty in the price of real estate due to market, economic, political or other conditions. ...
If you have been wondering what can cause a market failure, the most common answer is externalities. An externality is an indirect cost or benefit to a neutral third party that comes from ...
If you are a real estate investor and you come across this term, you might wind up wondering … What is the operating expense ratio? The operating expense ratio (OER) is a way for ...
Technique used to estimate how the value of a parcel of land will affect its ability to support a given commercial improvement leaving sufficient residual net income to maintain adequate ...
As a legal term, abandonment defines a deliberate renunciation of rights to an asset or a business relationship. What does abandonment mean in real estate? In real estate, abandonment, ...
Provision in an insurance policy that caps the insurer's liability by stipulating that the owner of the property that has experienced damage must have another policy that covers usually at ...
Creditor's control over property. When a loan is secured with pledged assets, the creditor has the right to go to court to obtain possession of the property if the borrower defaults. The ...
Have a question or comment?
We're here to help.