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  2. 6. Glossary

6. Glossary

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Get up to speed on real estate terms

  • "As is" or "as is where is"
  • Adjustable-rate mortgage (ARM)
  • Amortization schedule
  • Appraisal
  • Appreciation
  • Assessor
  • Broker
  • Clear title
  • Co-borrower
  • Commission
  • Comparable sales or "Comps"
  • Condominium
  • Contingency
  • Deed of trust
  • Downpayment
  • Earnest money deposit
  • Easement
  • Equity
  • Escrow
  • Expired listing
  • Fixture
  • Home inspection
  • Home Owners Association (HOA) or Property Owners Association (POA)
  • Homeowner's insurance
  • Lender
  • Lien
  • Loan
  • LTV (Loan-To-Value)
  • Mortgage
  • Option fee or inspection fee
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