Tag: Earnest Money

Key Real Estate Phrases Every Home Seller Should Know. 1. Woman holding a sign with puzzled expression, asking "What does it mean?"

Key Real Estate Phrases Every Home Seller Should Know

Key Real Estate Phrases Every Home Seller Should Know. Hi, I’m Tony Ciancanelli from Tony Ciancanelli Realty, widely recognized as the best realtor in Naperville, Illinois. When it comes to selling your home, understanding real estate jargon is essential. Being familiar with key phrases helps you communicate with agents and potential buyers, ensuring a smoother […]
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Essential Considerations Before Applying for a Mortgage Loan. As a trusted Realtor serving the vibrant community of Joliet, Illinois

Real Estate Terminology for Home Buyers

Real Estate Terminology for Home Buyers. If you’re just getting into the home buying process, you’re going to run into a whole vocabulary full of new words, here are a few to help you feel less lost as you begin. Appraisal: Before buying, your lender needs an appraisal of your chosen home to establish its […]
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If you’re starting the home buying process, you’ve heard the term “escrow”. What is that exactly, and how does it apply to buying a home?

What is Escrow?

If you’re starting the home buying process, you’ve heard the term “escrow”. What is that exactly, and how does it apply to buying a home? Escrow refers to an account where money is held by a third party until a certain condition of a situation has been met, then the funds are released to the […]
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