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Say What? Learning the Homebuying Language

April 25th, 2017 7:09 AM by Jackie A. Graves, President

It's Nicole and I'm here to tackle one of the biggest obstacles I faced throughout my homebuying process: the lingo.

 

Deciding to buy was an exciting experience for me until I realized I needed to become bi–lingual. Just to give you some background: I took four years of foreign language in high school and can hardly remember any of it. So, when I started talking to people about buying a home I was completely overwhelmed with all of the homebuying speak.  It seemed it was an entirely new language.

I've gone ahead and put together a quick cheat sheet of some must–know terms that'll hopefully help you navigate the process. Print it out [PDF] or pull it up on your phone and you'll sound (and feel like) a pro in no time!

 

Hear a term that we haven't included? Check out our full glossary.

 

Continue following the Spring Homebuying Season Blog Series and visit My Home for the full run down on all things homebuying!

 

Courtesy of Freddie Mac - To view the original article click here

Posted by Jackie A. Graves, President on April 25th, 2017 7:09 AM

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