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Patterson Real Estate Group, REALTORS

Terms You Need to Know

Key Terms for Homebuyers [INFOGRAPHIC] Some Highlights Knowing key housing terms and how they relate to today’s market is important. For example, when mortgage rates and home prices rise, it impacts how much home you can afford. Terms like appraisal (what lenders rely on to validate a home’s value) and the inspection contingency (which gives buyers[…]

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