Listing Agent
The real estate agent who represents the seller.
Buyer's Agent
The agent who represents the buyer.
MLS (Multiple Listing
Service)
A database agents use to list and find homes for sale.
CMA (Comparative
Market Analysis)
A pricing report based on similar homes recently sold in your area.
Equity
The difference between what your home is worth and what you owe.
Deed
Legal document that transfers ownership of a home.
Title
Proves legal ownership of a property.
Title Insurance
Protects against ownership disputes or legal issues with the title.
HOA (Homeowners Association)
An organization that sets rules and fees for certain neighborhoods.
Amortization How your loan is paid down over time through monthly payments. Interest Rate The cost of borrowing money from a lender. Principal The original amount of the loan. Survey A measurement of property boundaries and land
Guide to Buying a Home Buying a home is exciting, and being prepared can make the process much smoother. Use this checklist to stay organized from start to finish. Before You Start Looking Check your credit score and review your credit
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Amortization How your loan is paid down over time through monthly payments. Interest Rate The cost of borrowing money from a lender. Principal The original amount of the loan. Survey A measurement of property boundaries and land
Guide to Buying a Home Buying a home is exciting, and being prepared can make the process much smoother. Use this checklist to stay organized from start to finish. Before You Start Looking Check your credit score and review your credit