Remove Due diligence Remove Earnest money deposit Remove Principal Remove Proof of funds
article thumbnail

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

The Close

How else would you and your clients understand how much is being paid in principal and interest over the years? Due diligence period. What if your clients are asking about their due diligence period? Earnest money deposit. Original principal balance. Annual percentage rate (APR).