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. Days on market (DOM). As a seller’s agent, you’re counting the days a listing is on the market. This can lead to a short sale, foreclosure auction, and/or the lender taking possession of the property.
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