"I was pleasantly pleased with the program. We found a great home and most of the process was good with a few things the realtor acting as the agent took care of."

- Leslie D.

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Glossary of Terms


We have compiled a list of the most common real estate terms and definitions to assist you in your search for a home. Whether you are a buyer or seller of real estate it is easy to get confused by the language used in real estate transactions. With our comprehensive real estate glossary you can easily navigate through the complicated world of buying and selling a home.

Click in the letter below to see the glossary

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T


tax deduction
A tax break given by the government. Mortgage interest, loan points, and property taxes can be deducted.
tax lien
A lien placed against a property for nonpayment of taxes.
title
The legal document conferring ownership of a piece of real estate.
title insurance
The insurance that protects the lender and--if an owner's policy is purchased, the homeowner--against loss resulting for any inconsistencies in the title of a property from liens or other title problems relating to a property.