Understanding the jargon of home buying
Do you understand real estate lingo?
When buying a house, you may come across terms that you are not familiar with, which sometimes can be intimidating and complicate the entire process.
Realtors and even mortgage loan officers will use terms you may have heard before but never understood. Knowing real estate lingo can help simplify the home buying process and help you understand all the fine print in your contract.
To understand the lingo, here are the commonly used terms.