131 Real Estate Terms & Definitions Your Clients Expect You to Know in 2023
The Close
DECEMBER 29, 2022
This is when a homeowner turns a deed over to the mortgaging bank to avoid going into foreclosure. Due diligence period. What if your clients are asking about their due diligence period? Earnest money deposit. This is the amount of a property that a person (not the bank) actually owns.
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