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🔍 Ready to demystify real estate jargon this summer? Whether you're buying, selling, or just curious, understanding key terms can empower you to make smarter decisions with confidence!

🏡 Here's a quick rundown of 3 essential terms that often come up:

1️⃣ **Appraisal**: An expert's evaluation of a property's value, crucial for securing a mortgage and fair pricing.

2️⃣ **Earnest Money Deposit**: A good-faith deposit showing your serious intent when making an offer.

3️⃣ **Adjustable Rate Mortgage (ARM)**: A loan with interest rates that can change, affecting your monthly payments over time.

💡 Knowing these and more can help you navigate contracts and negotiations without confusion. For a full spectrum of terms from A to W, explore our comprehensive Real Estate Glossary tailored for Georgia and Alabama.

Knowledge is your best tool in real estate! Check it out here 👉 https://lnkd.in/eGHHvUF2