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

The Close

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. 10 Sneaky Real Estate Scams + How to Protect Your Clients (& Yourself). Construction loan. Contingency.