What Do All The Real Estate Terms Mean?

Call it what you will—jargon, shorthand, lingo—but every industry including the real estate world, has its own language, a collection of terms that are essential to understand if you hope to play ball. And the real estate business is no different. In fact, there are probably more terms in the housing biz than just about anything short of neurosurgery. That’s why when you read a real estate listing, you may end up scratching your head over a whole bunch of puzzling terms. Allow us to clear things up, by explaining what these things really mean in plain old English.