Reprinted from https://homebuying.realtor/content/real-estate-terminology-101-terms-you-should-know-when-buying-house When you prepare to buy your first home, you may feel pelted with words that seem foreign or are being used in a different context. To understand the “lingo,” here are many of the most common real estate terms: Adjustable rate mortgage (ARMs) – This type of mortgage usually has a lower initial rate (for…
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