131 Real Estate Terms & Definitions Your Clients Expect You to Know in 2023
The Close
DECEMBER 29, 2022
A short-term loan that covers the cost to build a property until the owner can secure long-term financing. This is when a homeowner turns a deed over to the mortgaging bank to avoid going into foreclosure. A down payment is the amount of money that a buyer puts down to secure a mortgage on a property. Earnest money deposit.
Let's personalize your content