Every industry has its own set of vocabulary and real estate is no exception. Whether you’re buying or selling, it’s important to get up to speed with the terms and definitions that real estate professionals use.
Learning and speaking the language of home buying and selling will only help you have more confidence in the process. Your Realtor will assist you along the way, but it’s important to understand the basics. Here are some basic real estate terms that people are often confused about. Study up and you’ll be able to keep up with the conversation: (more…)