Know Your Real Estate Terms?
Ok, so you've never bought a home before, or perhaps you're currently renting and are looking to buy your first home. Chances are you need to familiarize yourself with a few "ins and outs" of the real estate world of terms. I know that when my husband and I bought our first home we were clueless! Wait, there's an inspection AND an appraisal? Why aren't they the same thing? Why do we need an escrow when we've been pre-approved, doesn't that mean we are a guaranteed thing? Sinc