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Frequently Asked Questions about Buyers Agents in Real Estate

Realty Biz

When choosing a buyer's agent, consider factors like experience and qualifications. Understanding the mortgage process, including prequalification and pre-approval, is also essential. Whether it's residential, commercial, or investment properties, working with an agent with expertise in your desired area can be highly beneficial.

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

The Close

Construction loan. A short-term loan that covers the cost to build a property until the owner can secure long-term financing. This can lead to a short sale, foreclosure auction, and/or the lender taking possession of the property. Liens can come from unpaid mortgages, construction bills, even HOA fees. Contingency.