{"id":2542,"date":"2022-03-11T11:00:46","date_gmt":"2022-03-11T11:00:46","guid":{"rendered":"https:\/\/sandpointrealtyidaho.com\/blog\/2022\/03\/key-terms-for-homebuyers-infographic\/"},"modified":"2022-03-11T11:00:46","modified_gmt":"2022-03-11T11:00:46","slug":"key-terms-for-homebuyers-infographic","status":"publish","type":"post","link":"https:\/\/sandpointrealtyidaho.com\/blog\/2022\/03\/11\/key-terms-for-homebuyers-infographic\/","title":{"rendered":"Key Terms for Homebuyers [INFOGRAPHIC]"},"content":{"rendered":"<body><img data-recalc-dims=\"1\" decoding=\"async\" class=\"wpe_imgrss\" src=\"https:\/\/i0.wp.com\/sandpointrealtyidaho.com\/blog\/wp-content\/uploads\/2022\/03\/20220311-KCM-Share-549x300-1.png?w=1220&#038;ssl=1\" loading=\"lazy\">\n<div>\n<p><img data-recalc-dims=\"1\" decoding=\"async\"  src=\"https:\/\/i0.wp.com\/sandpointrealtyidaho.com\/blog\/wp-content\/uploads\/2022\/03\/20220311-KCM-Share-549x300-1.png?w=358&#038;ssl=1\" class=\"webfeedsFeaturedVisual wp-post-image\" alt=\"Key Terms for Homebuyers [INFOGRAPHIC] | Simplifying The Market\" loading=\"lazy\" style=\"display: block; margin-bottom: 5px; clear:both;max-width: 100%;\" link_thumbnail=\"\" srcset=\"https:\/\/sandpointrealtyidaho.com\/blog\/wp-content\/uploads\/2022\/03\/20220311-KCM-Share-549x300-1.png 549w, https:\/\/files.simplifyingthemarket.com\/wp-content\/uploads\/2022\/03\/09163232\/20220311-KCM-Share.png 750w\" sizes=\"auto, (max-width: 549px) 100vw, 549px\"><\/p>\n<p><a href=\"https:\/\/i0.wp.com\/sandpointrealtyidaho.com\/blog\/wp-content\/uploads\/2022\/03\/20220311-MEM.png?ssl=1\"><img data-recalc-dims=\"1\" decoding=\"async\" loading=\"lazy\" class=\"aligncenter wp-image-46143\" src=\"https:\/\/i0.wp.com\/sandpointrealtyidaho.com\/blog\/wp-content\/uploads\/2022\/03\/20220311-MEM.png?resize=650%2C1666&#038;ssl=1\" alt=\"Key Terms for Homebuyers [INFOGRAPHIC] | Simplifying The Market\" width=\"650\" height=\"1666\" srcset=\"https:\/\/sandpointrealtyidaho.com\/blog\/wp-content\/uploads\/2022\/03\/20220311-MEM.png 1300w, https:\/\/files.simplifyingthemarket.com\/wp-content\/uploads\/2022\/03\/09163150\/20220311-MEM-117x300.png 117w, https:\/\/files.simplifyingthemarket.com\/wp-content\/uploads\/2022\/03\/09163150\/20220311-MEM-400x1024.png 400w, https:\/\/files.simplifyingthemarket.com\/wp-content\/uploads\/2022\/03\/09163150\/20220311-MEM-599x1536.png 599w, https:\/\/files.simplifyingthemarket.com\/wp-content\/uploads\/2022\/03\/09163150\/20220311-MEM-799x2048.png 799w\" sizes=\"auto, (max-width: 650px) 100vw, 650px\"><\/a><span id=\"more-46142\"><\/span><\/p>\n<h3><strong>Some Highlights<\/strong><\/h3>\n<ul>\n<li>Knowing key <a href=\"https:\/\/www.ftc.gov\/sites\/default\/files\/documents\/one-stops\/real-estate-competition\/realestateglossary.pdf\">housing terms<\/a> and how they relate to today\u2019s market is important. For example, when <a href=\"https:\/\/www.simplifyingthemarket.com\/2022\/03\/08\/how-global-uncertainty-is-impacting-mortgage-rates\/?a=783612-02a11606fc81d6a6e402d49bc5bfe20b\">mortgage rates<\/a> and <a href=\"https:\/\/www.simplifyingthemarket.com\/2022\/03\/03\/are-home-prices-continuing-to-rise\/?a=783612-02a11606fc81d6a6e402d49bc5bfe20b\">home prices<\/a> rise, it impacts how much home you can afford.<\/li>\n<li><a href=\"https:\/\/magazine.realtor\/tool-kit\/rookie\/article\/2020\/02\/real-estate-glossary\">Terms<\/a> like <a href=\"https:\/\/www.simplifyingthemarket.com\/2021\/10\/25\/knowledge-is-power-when-it-comes-to-appraisals-and-inspections\/?a=783612-02a11606fc81d6a6e402d49bc5bfe20b\">appraisal<\/a> (what lenders rely on to validate a home\u2019s value) and the <a href=\"https:\/\/www.simplifyingthemarket.com\/2022\/01\/28\/why-your-home-inspection-matters-infographic\/?a=783612-02a11606fc81d6a6e402d49bc5bfe20b\">inspection contingency<\/a> (which gives buyers essential information on a home\u2019s condition) directly impact the transaction.<\/li>\n<li>Buying a home can be intimidating if you\u2019re not familiar with the <a href=\"https:\/\/blog.firstam.com\/15-real-estate-terms-you-should-know\">terms<\/a> used throughout the process. Let\u2019s connect so you have an expert guide and advice for any questions that may come up.<\/li>\n<\/ul>\n<\/div>\n\n<\/body>","protected":false},"excerpt":{"rendered":"<p>Some Highlights Knowing key housing terms and how they relate to today\u2019s 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 validate a home\u2019s value) and the inspection contingency (which gives buyers essential information on a [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":2543,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[12],"tags":[29,27,20,18,28],"class_list":["post-2542","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-real-estate-insight","tag-idaho-real-estate","tag-north-idaho-homes","tag-rain-silverhawk","tag-real-estate","tag-sandpoint-idaho"],"aioseo_notices":[],"aioseo_head":"\n\t\t<!-- All in One SEO 4.9.8 - aioseo.com -->\n\t<meta name=\"description\" content=\"Some Highlights Knowing key housing terms and how they relate to today\u2019s market is important. 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