Perhaps your family is growing or you’ve worked hard to acquire a vacation home. Maybe you feel drawn to downsize, are venturing into home buying for the first time, or are looking to expand your repertoire with a rental property. No matter the circumstance, buying a home signals a big life change, and there’s a lot to be excited about.

The real estate process is already overwhelming and daunting enough, you don’t need complicated jargon thrown on top of everything else. That’s why the first step in preparing to buy your home is to know and understand industry jargon.