New Albany Ohio Real Estate: Ohio Association of Realtors Helps You Understand Real Estate and Mortgage Terminology
The Real Estate and Mortgage industry is full of terminology which can seem alien to the unknowing. However asides from having a great agent on your side, it is a great idea to get clued up yourself as the consumer!
The Ohio Association of Realtors has a great guide on its website which will help you brush up on your Real Estate and Mortgage keywords with its nicely organized glossary. The glossary is split into two divisions; Mortgage and then Real Estate.
The Real Estate section has such helpful terms as: Closing Costs, Deed, Earnest Money & Downpayment.
The Mortgage side has the ever useful “Types of Mortgages” section as well as the detailed “What’s in a Price” paragraph detailing how your monthly income relates to the amount of monthly mortgage payment you can qualify for.
If you are looking to purchase a property in New Albany, Gahanna, Blacklick, Westerville, or another Central Ohio community, please contact The Raines Group. We offer professional real estate advice and are happy to help you achieve your real estate goals. Please contact us today via our online contact form or by calling The Raines Group at 614-418-7417
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January 29th, 2009 at 9:20 am
[...] The incentive is a great boost to the local economy as the company is expected to employ around 175 people when it moves into its new offices June 1st. The company are interested in moving into the Water’s Edge campus in the village’s business park. (Note – For information on Mortgage Terminology see our post!) [...]
February 9th, 2009 at 9:46 pm
[...] Everybody has heard advice for purchasing a home, however in this present climate and with the current market, traditional advice has to be adapted! [...]