Homebuyers: Here Are Some Key Terms For You To Know

Dated: March 13 2022

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Key Terms for Homebuyers [INFOGRAPHIC] | MyKCM

Some Highlights

  • Knowing key housing terms and how they relate to today’s market is important. For example, when mortgage rates and home prices rise, it impacts how much home you can afford.
  • Terms like appraisal (what lenders rely on to validate a home’s value) and the inspection contingency (which gives buyers essential information on a home’s condition) directly impact the transaction.
  • Buying a home can be intimidating if you’re not familiar with the terms used throughout the process. Let’s connect so you have an expert guide and advice for any questions that may come up.
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Gordon Ballantyne

YOUR FRIEND IN REAL ESTATE SINCE 1988. 5 STAR Google Rated. Gordon is an Experienced, Enthusiastic & Dedicated Realtor® and he helps homeowners sell their homes as stress-free as possible....

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Homebuyers: Here Are Some Key Terms For You To Know

Some HighlightsKnowing key housing terms and how they relate to today’s market is important. For example, when mortgage rates and home prices rise, it impacts how

Read More