David Lader Explains 4 Commonly Misunderstood Real Estate Terms

Real estate is a complex and vast topic which contains its own glossary of terms.  Many of these are often confusing for people who are new to the industry, and they can be intimidating to anyone trying to get their foot in the door.  David Lader is a real estate expert; here he explains some of the more commonly misunderstood real estate terms you may come across.

 

1) Amortize

Amortization is the reduction of debt resulting from regular payments of both principal and interest.  Most common loans work on amortized structures, meaning that by the end of the loan term, you will have paid off the loan amount as well as the interest, assuming you made all of your payments on time.

David Lader Explains 6 More Commonly Misunderstood Real Estate Terms

In this article, David Lader will discuss 6 commonly misunderstood or rare real estate terms that you may need to know.  If there are any other terms you need explained, feel free to drop him a line,  and he’ll include it in the next real estate terms article.

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