15 Real Estate Terms Explained

MSN Real Estate recently posted 15 terms one is sure to hear during their navigation within the real estate market. The terms:

  • Adjustable rate mortgage
  • Amortization schedule
  • Closing
  • Down payment
  • Escrow
  • Fannie Mae/Freddie Mac
  • Flipping
  • Good faith estimate
  • Lien
  • Points
  • Preapproval
  • Prequalification
  • Prime rate
  • Underwater
  • Underwriting

Please read “15 real estate terms explained” for definitions.



Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s