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BUYING YOUR FIRST home is a huge step, and a stressful one at that.
You have to work out a budget, narrow down location, research amenities, all while trying to sound the part when dealing with estate agents and lawyers.
You need to be as informed as possible, which makes it extremely frustrating when you find yourself nodding cluelessly while real-estate jargon soars over your head.
Take the first step by familiarising yourself with this lingo to make sure you’re fully informed.
Let’s start off easy, with the basics. These are the nuts and bolts of what you’ll read in descriptions and chat about with the estate agents.
Getting a touch more difficult now, but don’t worry, just like Clarissa – we’re here to explain it all.
Top level jargon! Beware – if you start sprinkling these phrases into conversations with friends who don’t know their semi from their duplex, their eyes WILL glaze over. (And no, that’s not a subtle reference to double-glazing.)
Congratulations! You’ve made it. After glancing over this glossary, you can now do property chat with the best of them. Here’s a gold star.
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