Say What? Home-Buying Lingo You Should Know
Zillow
JULY 15, 2019
Cash-value policy : A homeowners insurance policy that pays the replacement cost of a home, minus depreciation, should damage occur. Closing : A one- to two-hour meeting during which ownership of a home is transferred from seller to buyer. A closing is usually attended by the buyer, the seller, both real estate agents and the lender.
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