139 - First Time Home Buyer Terms And Definitions From A-Z - "Q"
How to Buy a Home: The #1 First Time Home Buyer Podcast
David Sidoni
4.8 • 891 Ratings
🗓️ 27 October 2022
⏱️ 14 minutes
🧾️ Download transcript
Summary
The first step in understanding the home buying process is understanding the real estate vocabulary and jargon. Today, we continue with our series on first-time homebuyer terms and definitions. The often-ignored letter Q gets the royal treatment in this episode, defining the terms you need to know when buying your first home.
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David Sidoni, the "How to Buy a Home Guy," is a seasoned real estate professional and consumer advocate with over 18 years of experience helping first-time homebuyers navigate the real estate market. His podcast, "How to Buy a Home," is a trusted resource for anyone looking to buy their first home. It offers expert advice, actionable tips, and inspiring stories from real first-time homebuyers. With a focus on making the home-buying process accessible and understandable, David breaks down complex topics into easy-to-follow steps, covering everything from budgeting and financing to finding the right home and making an offer.
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Transcript
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| 0:00.0 | What is the first step in understanding the home buying process? |
| 0:04.0 | Understanding the vocabulary and the real estate jargon that is going to be coming at you |
| 0:08.3 | like you jumped into a portal and ended up in another dimension where they speak a completely |
| 0:12.6 | different language. Sure, they all look like regular humans. You know, regular people from |
| 0:18.0 | your area that just speak your language, but man, it does not feel like it. |
| 0:23.2 | Terms and definitions, the letter Q. |
| 0:27.3 | Let's do this. |
| 0:32.4 | Music Homies. Homies! What is up? It's David Sedoni. I'm the host, and I'll be breaking down the |
| 0:50.5 | vocab. All the important words that you need to know for buying a home I'm doing this |
| 0:54.6 | glossary style for you now there's not a lot of cues so it's probably going to be a little bit |
| 0:59.0 | of a shorter episode but there's going to be some very important lessons in this one so pay close |
| 1:04.4 | attention because as a matter of fact I know a lot of you people out there listen to this when you're |
| 1:08.6 | at the gym so take it for me. |
| 1:11.3 | 52-year-old former athlete who was even a professional dancer for a little bit in the 1990s. |
| 1:17.2 | Yeah, didn't know that, did you? |
| 1:19.9 | It's a short episode, so if you're using this as your gym episode, use this as your stretch period. |
| 1:25.0 | Don't skimp on the stretching unless you want to look like I do now walking down the stairs every single morning. |
| 1:31.9 | It ain't pretty. |
| 1:33.8 | Q, not just a James Bond character. |
| 1:37.9 | Our first cue today is qualified mortgage. |
| 1:40.6 | First, I'll give you the Google definition. |
| 1:42.3 | This is your basic Webster straight up. |
... |
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