Real Estate Terminology MasterClass 📚📚

WATCH FULL VIDEO VERSION HERE: 

https://www.facebook.com/RealEstateRadioHour/videos/392049822340735

Today We Will Fully Breakdown Common Real Estate Terms. By The End Of The Episode You Will Be Speaking Real Estate Agentese

Short sale:

Buyers market:

Comparative market analysis (CMA):

Comps:

Days on market (DOM):

Listing price:

Multiple listing service (MLS):

Sellers market:

Short sale:

Debt-to-income ratio (DTI):

Loan-to-value ratio (LTV):

Origination fee:

Pre-approval:

Pre-qualification:

Underwriting:

Conventional loan:

Down payment:

Foreclosure:

Mortgage broker:

Mortgage interest rate: =

Principal, interest, property taxes and homeowners insurance (PITI): =

Private mortgage insurance (PMI):

Points:

Closing costs:

Contingencies:

Earnest money:

Escrow account:

Home inspection:

Homeowners insurance:

Title insurance:

Under contract:

Adjustable Rate Mortgage –

Agent –

Amortization –

Appraisal –

Appraiser –

Appreciation –

Assessment –

Buyer’s Agent

Home Warranty –

Inspection –

Interest –

Loan –

Lien –

Listing –

Listing Agent –

Multi-Family –

Net Income –

Offer –

Pre-Approval Letter –

Principal –

Private Mortgage Insurance –

Property Tax –

Real Estate Owned (REO) Properties –

Real Estate Purchase Agreement –

Refinance –

Residential –

Seller’s Agent –

Single Family –

Title –

Title Insurance –

Zoning –

1031 Exchange –