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Key Terms for Homebuyers [INFOGRAPHIC]

March 11, 2022 by Carlos

Key Terms for Homebuyers [INFOGRAPHIC] | Simplifying The Market

Key Terms for Homebuyers [INFOGRAPHIC] | Simplifying The Market

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.

Filed Under: Buy A House

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Compass is a licensed Broker in the state of California and is a leading authority in the Bay Area, CA. Our love for the communities we live and work in is why we do what we do. Stop by the office or call me directly and experience the Compass way of East Bay area real estate. We look forward to connecting!

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