Are you getting ready to buy a new home? If yes, you might encounter some unfamiliar terms while going through the home buying journey. To make this process easier for you, we have put together a comprehensive home buying guide that explains the common terms you may come across. ## Exploring Home Buying Terminology A home buying guide is like a dictionary that helps define and clarify the commonly used...
Your Comprehensive Guide to Home Buying Jargon Purchasing a home can seem daunting, especially if you are unfamiliar with the terminology. To assist you in navigating this process, we have compiled a home buying glossary to assist you in comprehending the terminology. Mortgage Terminology Mortgage: A type of loan utilized for buying a home. Principal: The borrowed amount for a mortgage. Interest...
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