article thumbnail

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

The Close

If your clients are concerned about getting approved for a loan, you can remind them that a co-borrower agrees to back the borrower in a mortgage loan. This can lead to a short sale, foreclosure auction, and/or the lender taking possession of the property. Pre-approval. The 9 Best FSBO Scripts (+ Why They Work).