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Posts from November 5th, 2020

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Become a REALTOR | 48 Posts
Uncategorized | 1 Posts
November
5

Real Estate Terminology - BHHS Homesale Careers

There are many things you'll need to know to be a successful real estate agent. One reason why Homesale Realty is so effective is that our team is always learning!

One of the first challenges in any real estate career is learning the lingo. You won't need to know every industry term to earn your real estate license, but studying up will build your confidence.

Let's look at some vocabulary you can't do without:

  1. Adjustable-Rate Mortgage (ARM)
    In an Adjustable-Rate Mortgage, interest rates are fixed for a short time after mortgage origination but can change periodically. This often leads to lower payments at first and higher ones later on.

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