A selection of real estate terms clearly and briefly defined to help understand the homebuying and homeselling process. Adjustable rate mortgage: A mortgage on which the interest rate charged may ...
Closing costs: Homebuyers and sellers both incur various types of closing costs, which are the fees and expenses associated with finalizing a real estate transaction. For buyers, these typically ...
The National Association of Hispanic Real Estate Professionals (NAHREP) has released an English-Spanish Glossary of Real Estate Industry. Unlike other glossaries, the English-Spanish Glossary of Real ...
When it comes to selling a home there's a lot to know beyond staging and setting a reasonable list price. As with any industry, there are real estate definitions (homestead, quit-claim) and a set of ...
Vendor bids, caveats, LVI and LMI got you confused? From appraisal to unconditional, here’s your complete guide to real estate terms explained. Beyond the property and home loan industry lingo, agent ...
A real estate veteran and Wall Street Journal Real Trends Top 250 agent offers a "code to the lockbox" of the oftentimes ...
If you're buying a home for the first time, you've probably found yourself having to take a moment to do a quick Google search. Buying property is already a confusing (and expensive) process, but the ...
If a real-estate agent working with the buyer represents the seller, the agent will ask the buyer to sign an agency disclosure notice informing the buyer of this relationship. Also, if the same firm ...