Key Terms for Homebuyers [INFOGRAPHIC]

Mar 11, 2022

Key Terms for Homebuyers [INFOGRAPHIC] | Simplifying The Market

Key Terms for Homebuyers [INFOGRAPHIC] | Simplifying The Market

Some Highlights

  • Knowing key housing terms and how they relate to today’s market is important. For example, when mortgage rates and home prices rise, it impacts how much home you can afford.
  • Terms like appraisal (what lenders rely on to validate a home’s value) and the inspection contingency (which gives buyers essential information on a home’s condition) directly impact the transaction.
  • Buying a home can be intimidating if you’re not familiar with the terms used throughout the process. Let’s connect so you have an expert guide and advice for any questions that may come up.

Discover 3 Mistakes to Avoid on Your Home Mortgage

These Tips Will Save You Money!

Our Blog

Related Posts

How Home Equity May Help You Buy Your Next Home in Cash

Dec 23, 2024

Building equity in your house is one of the biggest financial advantages of homeownership. And right now, homeowners across the country are sitting on record amounts of it.Here’s a look at how that equity could be a game changer for you, and why it’ll flip your...

Understanding Gross Leasable Area in Commercial Real Estate

Dec 23, 2024

The size of a commercial property is a critical factor in assessing its revenue potential. Alongside location and property type, the property’s dimensions significantly influence the rents it can generate. When projecting rental income, it’s essential to consider the...

Understanding Pari Passu in Commercial Real Estate

Dec 20, 2024

The commercial real estate (CRE) industry often involves intricate financial structures, making it essential to grasp key terms for optimizing returns and mitigating risks. One such concept, "pari passu," is crucial in organizing and distributing funds in CRE...