Purchasing a home can be a complicated, and confusing process, especially for first-time buyers. Throughout the process, first-time home buyers will encounter a variety of unfamiliar real estate terms ...
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 ...
Whether it’s your first time buying a home, or you’ve bought and sold several homes, it’s beneficial to learn, or be reminded of, some common real estate terminology. While the path to buying and/or ...
Agent - An individual who represents a seller, a buyer or both in the purchase or sale of real estate. Amortization - The schedule of loan payments that establishes the amount of payment to be applied ...
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 ...
The following content is created in consultation with MLSListings. It does not reflect the work or opinions of NBC Bay Area's editorial staff. Learn more at mlslistings.com. Buying or selling a home ...
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