article thumbnail

131 Real Estate Terms & Definitions Your Clients Expect You to Know in 2023

The Close

Construction loan. Jumbo loans generally require stricter qualifications, higher credit scores, and higher income and/or cash reserves. How to Become a Luxury Real Estate Agent—10 Easy Ways to Break Into the Luxury Market. Liens can come from unpaid mortgages, construction bills, even HOA fees. Pre-approval.