Are you confused by all of the real estate lingo you're hearing? Here you will find a set of many of the real estate terms you may encounter when buying or selling a property.
Acceptance: the date when both parties, seller and buyer, have agreed to and completed signing and/or initialing the contract.
Adjustable Rate Mortgage: a mortgage that permits the lender to adjust the mortgage's interest rate periodically on the basis of changes in a specified index. Interest rates may move up or down,...
