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12 Key Home Buying Terms

In honor of April being Financial Literacy Month, the Times of San Diego featured a list of 12 commonly misunderstood home-buying terms from Cannon Christian, president of Renovation Realty.

The California Association of Realtors found that 43 percent of first-time homebuyers do not completely understand the home-buying process. A big decision like buying a first home, combined with confusion about the process, can lead to a detrimental financial mistake.

Visit Times of San Diego for the glossary of terms to get educated and feel confident before purchasing your first home!