Hi Readers!
Sorry that I’ve been MIA for a few months now but I am back and ready to share informal and insightful information about our beautiful city’s real estate market. With summer amongst us now is the perfect time to find your dream home, many times I find that clients get confused by Real Estate terms so I’m here to help you with the ABC’s of the Real Estate language… Today I will do A- D!
Appraised value: An opinion of a property's fair market value, based on an appraiser's knowledge, experience, and analysis of the property.
Assessment: The placing of a value on property for the purpose of taxation.
Adjustable rate mortgage: A mortgage in which the interest changes periodically, according to corresponding fluctuations in an…
