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Real estate professional that represents the seller. You generally won’t work with the seller’s agent, as the buyer’s agent will coordinate on your behalf.
An agreement that allows you to rent your current home back from the new owner for a period of time.
A person authorized to act on your behalf when purchasing a home.
Guarantee of an interest rate for a defined period of time.
The loan that is finalized at the completion of construction. It includes regular monthly payments of both principal and interest.
Insurance that protects the lender if a borrower defaults. Usually required if the down payment is less than 20 percent of the purchase price.
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