Buying a home and obtaining a mortgage is probably the biggest financial commitment you’ll ever make. Whether it is your first purchase or you have bought several homes in the past, previewing homes for sale, selecting which home is best for you, negotiating the purchase agreement, and closing the sale is a major process. It is important to have an experienced, competent realtor to represent your best interests in any type of real estate transaction.
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Guides/Glossaries
Annual Percentage Rate (APR)
The cost of a mortgage stated as a yearly rate; includes such items as interest, mortgage insurance, and loan origination fee (points).