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
Person chosen by a testator/testatrix to handle and conduct the terms of a will to an estate. Duties include collecting and selling of properties and paying debts of the state. ...
Commonly, a covenant refers to a legal treaty or agreement between various parties. Explicitly, a stipulation comes into existence and is signed to confine particular financial transactions ...
What Is a Real Estate Bubble? One definition for a real estate bubble is the fast increase in prices, usually driven by investors and speculators in major urban areas. Properties are ...
Document issued by a public or private institution to perform some activity according to legal requirements. There is usually a license fee. An example is a real estate license. ...
Loan mandating equal periodic payments to pay off the loan subsequent to the last payment. ...
A type of equity participation loan where, in exchange for charging a below-market interest rate, the lender receives a predetermined percentage of a any increase in value of the property ...
Early American architecture modeled after the English Georgian architecture having two or three stories with a rectangular design and ample ornamentation often including a widow's walk. ...
Market analysis method where sales of similar properties in proximity neighborhoods are compared. The comparable sales methodology is extremely useful if the properties being compared are ...
Also called interim financing. A mortgage that provides the funds necessary for the building or construction of a real estate project. The project can be a residential subdivision, a ...
Have a question or comment?
We're here to help.