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Earnest Money -Also known as the Escrow Deposit. This in money paid by the buyer at the time an official offer to purchase is submitted to the seller, inteded to demonstrate the good faith of the buyer to complete the purchase. Earnest money is applied...

Balloon Mortgage: A short-term mortgage, generally at a fixed rate of interest, to be paid back in predetermined, equal monthly payments with a large final payment for the balance of the loan to be paid at the end of the term. Broker: A person licensed...

Knowledge is power! A Glossary of Real Estate Terms will help you to untangle the complicated web of current real estate language. I'll add weekly to my real estate glossary starting with "A" and ending with "Z" . Feel free to...

Negotiations for the sale of a home can be affected by emotional factors. For example, it is easy to be offended by someone who is making an offer on your property. Even if the buyers love your house, they are trying to negotiate the best possible price...

There are so many things that must be done before the big moving day! Here is a helpful list to assist with the process! Transfer or cancel deliveries of newspaper, garbage collection, etc...Coordinate the transfer of your gas and electric services to...