94 - First Time Home Buyer Terms And Definitions From A-Z...Well, Just A Actually
How to Buy a Home: The #1 First Time Home Buyer Podcast
David Sidoni
4.8 • 891 Ratings
🗓️ 11 May 2022
⏱️ 46 minutes
🧾️ Download transcript
Summary
Buying a home for the first time is confusing and daunting enough, and then everyone starts using real estate jargon and expects you to keep up. This is the first episode covering real estate terms, language, and definitions from A-Z...and we got all the way to, well, just A in this episode. And what are we going to focus on in this episode? Before actually going to letter A, we will be providing more information on number-related terms like 203B, 203K loans, and more! So join us as we provide different information on words starting with A and several related words that you should be aware of, especially 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 | Welcome to the real estate terms definitions from A to Z. This will be our first installment. |
| 0:05.5 | It's going to be a multi-part series to help you walk, talk, and think like a pro. |
| 0:10.1 | I know the colleges are getting ready to throw out your SAT and ACT scores, but when you're |
| 0:16.5 | buying a home, understanding the vocabulary is essential. So we're going to do a big |
| 0:22.7 | vocab for you, even though you're not doing SATs and ACTs, because I have to tell you |
| 0:27.5 | when you're buying a home, your extracurriculars don't count for squat. So grab your |
| 0:31.7 | number two pencils. Get ready for vocab. It's time for first time home buying from A to Z. |
| 0:53.5 | Hello, my how to buy a homies. |
| 0:55.9 | Today, I'm doing vocabulary. |
| 0:57.7 | So Professor David Sidoni with you with some classroom lessons to help you act like |
| 1:02.1 | you know what you're doing when he's trying to buy a house. |
| 1:04.4 | Look, I understand there's a lot and you don't need to know it all, but you do need to have |
| 1:08.2 | a resource. |
| 1:09.6 | You can listen to it today and then you can |
| 1:11.7 | keep it for a reference. When someone asks you something or they say something to you that you don't |
| 1:16.7 | understand and you know, you're just sitting there nodding knowingly like you comprehend what |
| 1:20.5 | they're saying. Or if you actually, you know, want to ask what's going on and you say, |
| 1:24.8 | hey, it's my first time. That word, what does that mean? Before I make a decision worth hundreds of thousands of dollars that, you know, can seriously |
| 1:31.4 | count on one hand, how many times I've seen a check with even more than four digits. So this is |
| 1:37.2 | kind of a big deal and I need to figure it out. What does that word mean? Well, now you don't have to do |
| 1:42.0 | that thanks to all these definitions. A lot of these |
| 1:45.0 | definitions you might know, some of them you could Google to get the definition, but what's the |
... |
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