homeowner

Deed holder, typically

A homeowner is someone who owns the house or apartment they live in.

The term appears constantly in discussions of real estate, mortgages, and property taxes: Homeowners in the neighborhood opposed the rezoning.

It distinguishes those who own from those who rent.

legal

deed

Written property conveyance

conveyance · inheritance · titleholder · estate · tenure · proprietorship · lien · encumbrance · covenant · zoning

community

neighbor

Person living nearby

  • HOAResidential community organization
  • associationGroup with shared aim
  • duesRegular membership payments

subdivision · block · cul-de-sac · fence · neighborhood · covenant · restriction · assessment · meeting · board

investment

rental

Paid temporary use

cash-flow · appreciation · residential · Airbnb · real-estate · ROI · diversification · portfolio · development

mortgage

amortization

Gradual debt reduction schedule

loan · foreclosure · principal · refinance · underwater · default · debt · preapproval · qualification · rate

domestic

household

Domestic unit of residents

privacy · shelter · comfort · nest · habitation · homemaker · housework · chores · cleaning · decorating

equity

appreciation

Recognition of worth

wealth · savings · investment · gain · profit · return · valuation · stake · capital · liquidity

maintenance

repair

Restore to working order

plumber · electrician · roofing · HVAC · landscaping · inspection · remodel · upgrade · DIY · handyman

insurance

coverage

Extent of inclusion

flood · fire · hurricane · claim · policy · replacement · hazard · umbrella · rider · disaster

Categories
Opposites
property tenure status

homeownerrenter

One who pays for housing

tenant · lessee · leaser · lodger · boarder

housing stability/security

homeownerhomeless person

One without housing

vagrant · transient · drifter · street dweller · rough sleeper

Phrases
Family

homeownership, homeowners, homeowner association

Familiarity
Top 20,000
Profile
Known to kids · Used worldwide · Timeless · Concrete · Everyday, not technical · Rated G