We understand that the Real Estate Industry has an abundance of terms and acronyms that may be unfamiliar to those new to the process of buying or selling a home. Below is a link to the U.S. Department of Housing and Urban Development (HUD) Glossary of Real Estate Terms that will assist in clarifying these terms and acronyms.

http://portal.hud.gov/hudportal/HUD?src=/program_offices/housing/sfh/buying/glossary