Buying a Home? Do You Know the Lingo?

Need a crash course on real estate terms? This glossary will get you started.

Once you’ve decided on a garden-level home, it’s time to accentuate the positive and eliminate as much of the negative as possible. Make sure you have a landline, as cell phone reception in garden.

To point you in the right direction, here’s a list of some of the most common language you’ll hear when buying a home. The best way to ensure your home-buying process is a positive one is to find a real estate professional who will guide you through every aspect of the transaction with ‘the heart of a teacher’.

Before you buy a home that makes you part of an HOA, here’s what you need to know, and the questions you should ask both. So, too, will prospective mortgage lenders. As they do with property taxes.

Managing your mortgage. If you have a mortgage when selling your home, you will face a few charges such as: Mortgage balance payoff: The cost of repaying your home loan, second mortgage and any home equity line of credit is deducted from the sale price of your home.

Buying a Home? Do You Know the Lingo? Buying a home can be intimidating if you are not familiar with the terms used during the process. To start you on your path with confidence, we have compiled a list of some of the most common terms used when buying a home.

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Buying A Home: Do You Know The Lingo? August 21, 2019. By. Keeping Current Matters.. How Much Do You Know About Down Payments? August 6, 2019. What you need to know about Private Mortgage Insurance. August 5, 2019. The power of homeownership! July 30, 2019.

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