Key Terms for Homebuyers [INFOGRAPHIC] Some Highlights Knowing key housing terms and how they relate to today’s market is important. For example, when mortgage rates and home prices rise, it impacts how much home you can afford. Terms like appraisal (what lenders rely on to …
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What Buyers and Sellers Need To Know About the Appraisal Gap! By The KCM Crew It’s economy 101 – when supply is low and demand is high, prices naturally rise. That’s what’s happening in today’s housing …