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Most MISUSED Real Estate Terms
 
Yes, I admit it!  At times, I can be a word snob when it comes to the proper use of real estate and financing terms.  For goodness sakes, I still find it difficult just to end a sentence with a preposition, even though the “grammar police” is more accepting of where you put the preposition at.  Oh, the irony!

Even the Pros Get It Wrong!
Is your loan Conforming or Conventional?  Is your document an Offer or a Contract? There are so many terms that are often interchangeable and so similar in meaning that even the pros use them incorrectly.

When I hear another agent misuse a common real estate term, although cringe-worthy, it does give me excellent insight of that agent’s true knowledge and experience. This is especially fascinating when that agent is trying to impress me or my customer with his or her expertise.

Here are some of the most confusing and misused real estate and financing terms:

Realtor vs Real-a-tor
Yes, I even have family and friends that add that extra “a” in the middle of the word Realtor.  But, they can be forgiven for this minor pronunciation faux pas.  Now, when another real ... more

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