Real estate, like taxes, carries a lot of genre-specific terms that tend to confuse the average person. You don’t have to be a professional in that field to gain some illumination to these elusive words.
Traffic Realty is working to become a resource for more than just great local real estate listings. This week marks the beginning of an ongoing series of “what is _” themed posts that will explain various real estate terms. If you’re in the market for a home for the first time or are tired of the fact that your Realtor seems to be the only one that understands all this jargon, this series is for you.
Want an example? Have you ever heard the word “escrow” tossed around and wondered what exactly that meant? It’s there.
You should view the real estate terms series right away!
Traffic Realty also posts tips for real estate lookers, which is definitely worth a look, too!