There is no question that buying a new home is stressful. It’s even more stressful if you don’t understand the lingo. The world of real estate and home loans has a language all its own and you don’t want to need an interpreter when you are looking at properties or qualifying for a mortgage.
Buying a home is one of the biggest financial decisions in your life, and for many, it can be one of the most intimidating. There are so many considerations, such as where to buy, what you need in a home, how big your down payment should be, how much you can afford, and more. There also is so much paperwork with mortgage approvals, inspections, disclosures, and so on.