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Whether you’re buying a home or looking to sell yours, chances are you’ll come across your fair share of real estate jargon. Oftentimes realtors will use acronyms as part of their listings, and rather than having to look up every word, we wanted to bring the complete list of most-used terms to you! Check out our collection of real estate lingo so you look like a pro for your next move. 

3B/2.5B - Three bedrooms and two and a half bathrooms. In order to be called a bedroom in our area, the room must be a sleeping area with a window and a closet. A full bath is a room with a toilet, sink and bathtub. A half bath otherwise known as powder room only has a toilet and a sink. 

Appraisal - An appraisal is an unbiased professional opinion of a home's…

Whether you’re selling your home or looking to buy a home, it’s important to know the reasons why the deal may not work out in order to plan in advance. We’ve made a list of our top five reasons so you can do what you can to avoid them! 

1. The home didn't appraise for the contract price

In a market like ours where there are so few homes available, it’s very possible for a buyer to get into a multiple offer situation. In that case, if you really want the home, it’s important to offer your highest and best. But what happens if the home doesn’t appraise for the agreed-upon contract price? In this case, the buyer might have to bring additional funds to the table, which might not be an option, or get a second opinion. Or the seller has to be…

You’re building your dream home! Or at least buying one that is customizable to make your dreams a reality. You might think you know what to expect, but there are several common mistakes people make when looking to buy new construction. 

Mistake #1: Not using a realtor

There’s a sales agent on site at the new construction, so you don’t need a realtor of your own, right? Not so much. Consider whose side the sales agent is on. When you’re buying a home, you want someone to advocate for you and your needs. If the seller’s agent is working for the neighborhood, they have the developer’s best interests in mind—not yours. Choose a realtor who will work for you to negotiate the terms of the sale and advocate for you.

Mistake #2: Not asking what’s…