
Free Access: Real Talk Real Estate: Real Estate 101: Understanding the Lingo
As a local real estate agent, I am often asked to explain some of the more complicated terms that come up during the buying and selling process. In this article, I will break down seven terms that I believe are particularly important for buyers and sellers to understand: Pending or contingent offer, Closing Costs, Equity, Certified Funds, Due Diligence, Contingencies, and Title Commitment. First, let’s talk about Pending Offers. Locally, we consider an accepted offer to purchase a property, as a “Pending Offer.” This means that the property is generally








