The real estate process can be tricky for experienced buyers and sellers, let a lone a beginner who may never have bought or sold a home before. Whether you’re buying or selling a home, you may hear quite a few terms used that might sound unfamiliar. Before stepping in and putting pen to paper, it’s best to educate yourself on some of the important terms and vocabulary that are used in real estate.

This infographic from Element Home Buyers will walk you through 12 real estate terms you should know before buying or selling a house.

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12 Real Estate Terms You Should Know

Irma Wallace

Co-founder and Vice President of SearchRank, responsible for many of the day to day operations of the company. She is also founder of The Arizona Builders' Zone, a construction / home improvement portal. Follow +Irma Wallace on Google + as well as Twitter.

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