Anyone who has ever looked into buying or selling a piece of property knows that real estate can be a minefield of unfamiliar terms and concepts. Even experienced homeowners can find themselves feeling lost when confronted with all the jargon. However, it doesn't have to be this way. With a little education, anyone can demystify the language of real estate. And, as a bonus, simplicity often leads to a better understanding of the material. So, next time you're feeling overwhelmed by real estate terms, remember that simplicity is key.
Here's a list of the most common real estate terminology used:
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F
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H
I
J
L
M
N
O
P
S
T
U
V
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