For many first-time homebuyers, knowing common real estate terms can help prevent the feeling of information overload. Once you learn the language real estate agents use, you may feel much more comfortable in your quest to find your dream home. Here are some helpful real estate terms to know: Contingent You’re likely to encounter the term “contingent” when...

In a home sale, both the buyer and the seller have to pay what are called closing costs. These final expenses include an entire list of taxes, fees and other miscellaneous costs. While sellers usually pay some of the closing costs, buyers still need to prepare for their share of the bill. Here we’ll go over what the...

Image by Sephelonor from Pixabay Buying a home is a complicated transaction with many expenses. Part of the transaction involves closing costs, which vary in amount depending on the situation. One way to reduce the closing costs for the buyer is to ask for a seller concession so that the seller pays a portion of the closing costs...

Image by Ryan R Fox from Shutterstock It can be a stressful endeavor to purchase a home. As one of the most significant investments in life, it is important to understand the steps and fees you may encounter beyond the sale price. When you are searching for a property, keep the expense of closing in mind. What Are...