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Fixed-rate mortgage: Your interest rate is locked in for a specified period called a term. Your payments stay the same for the mortgage’s term so you will not pay more even if interest rates increase over time. Variable rate mortgage: The rate of interest you pay may change if rates go up or down.
Mar 20, 2023 · When searching for a home or applying for a mortgage, you may hear your real estate agent or lender use any of the terms or acronyms below. Keep this guide handy — you'll be fluent in the language of home buying before you know it.
Whether you are brand new to fencing and want to get a sense of the language of fencing, or you need to revise for grade-work, our glossary is here to make the learning process easier. See our list of over 220 fencing terms and their definitions below.
Jun 15, 2021 · The real estate industry uses several unique acronyms and abbreviations. Understanding these terms can be beneficial for buyers and sellers.
There is no formal law that says there must be a boundary fence between two adjoining properties. However, this does not prevent owners from erecting a boundary fence between their respective properties.
Nov 13, 2023 · Even if you know every one of the 136 real estate terms on this list and how to use them, your clients expect you to be their interpreter. This comprehensive list of real estate definitions will help you ensure you’re communicating with clients effectively.
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Sep 13, 2024 · Real estate jargon often relates to financial decisions, so it’s worth familiarizing yourself with the most important terms. Sellers and their agents should try to maximize curb appeal because...
