With this kind of knowledge, buyers will know how to estimate closing costs when negotiating the purchase price. Here is a listing of common closing costs: Loan Origination Fee â percentage of the loan amount charged by the lender for processing the transaction. Credit Fee â This is a fixed cost fee charged by the lender for running credit reports.
Timber framing is a style of construction which uses heavier framing elements than modern stick framing, which uses dimensional lumber. The timbers originally were tree boles squared with a broadaxe or adze and joined together with joinery without nails. Modern timber framing has been growing in popularity in the United States since the 1970s.
Definition 1: a beam made of wood - [noun denoting artifact] (timber is a kind of ...) long thick piece of wood or metal or concrete, etc., used in construction. (... is a kind of timber ) a timber member grooved to take a sliding panel. (... is a kind of timber ) (nautical) the principal upright timber at the stern of a vessel.