Most people do not give much thought to common real estate terms – until they decide to list their home or make an offer on one. Suddenly, you are catapulted into a world filled with all kinds of terminology with sometimes perplexing meanings and definitions. To make matters worse, most real estate agents are so used to common real estate terms, they throw them around in a rapid-fire fashion. What might be common terms to the agent are often not so common for the client. As a buyer or seller, it’s easy to get lost in the terminology. Being lost is not a good place to be in a real estate deal. Fear not! I will cover six common real estate terms that should help better prepare you to navigate your real estate journey.
